market approach

  

Definition

Method of arriving at the appraisal value of an asset, instrument, or interest on the basis of the prices at which similar items are available or were sold within the last three to six months, and making appropriate adjustments for differences in quality, quantity, or size. Also called market based approach or market comparison approach. See also cost apporach and income approach.

Use market approach in a sentence

Related Videos




http://www.businessdictionary.com/definition/market-approach.html

Have a question about market approach? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z