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https://www.investopedia.com/terms/f/freemarket.asp https://www.investopedia.com/terms/f/freemarket.asp > 200 https://www.investopedia.com/terms/f/fairmarket.
by anm89 6y ago
https://www.investopedia.com/terms/f/freemarket.asp https://www.investopedia.com/terms/f/freemarket.asp
> 200
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Free market is something like a technical term with a generally accepted definition within economics (sure you could squabble about the details of this definition)
Fair Market value is a saying that means you got what something is worth. Semantically you would break it up as (fair) (market value) not (fair market) (value). There is no implied shared definition of a fair market in an economic sense and that phrase is not implying that the sale was done in the context of a subjectively ethically "fair" circumstance. I think you are well aware of this though.