market approach definition

market approach

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.

market approach is in the Accounting & Auditing, Banking, Commerce & Finance and Investing subjects.

market approach appears in the definitions of the following terms: market comparison approach, income approach, market-based approach and cost approach

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