der Verkehrswert
Translation
market value, fair market value
Examples
Der Verkehrswert der Immobilie wurde geschätzt.
The market value of the property was estimated.
Ein Gutachter bestimmt den Verkehrswert eines Hauses.
An appraiser determines the market value of a house.
Grammar Patterns
((the market value)) ((of sth.)) the market value of sth. The market value of the property is high.
Similar Words
Marktwert, Zeitwert, Kaufpreis
Etymology
From 'Verkehr' (in this context: commerce, circulation) + 'Wert' (value). The value something has in trade.
Memory Tips
Think of the 'Wert' (value) a property has when it is put into economic 'Verkehr' (circulation/the market).