Market Price - Law Dictionary Search Results
Home Dictionary Name: market pricemarket price
market price 1 : the price at which a security is currently selling on the market 2 : market value ...
Market price
Market price. See VALUE....
market
market 1 : the rate or price at which a security or commodity is currently selling : market price 2 a : a geographical area of demand for commodities or services [seeking new foreign s] b : a formal organized system enabling the transaction of business between buyers and sellers of commodities [a futures ] see also stock market c : a specified category of potential buyers [the youth ] 3 a : the course of commercial activity by which the exchange of commodities is accomplished [the is quiet] b : an opportunity for selling [developing new s] c : the available supply of or potential demand for specified goods or services [the labor ] [the for durable goods] d : the area of economic activity in which buyers and sellers come together and the forces of supply and demand affect prices [studying forces and behavior] ...
market value
market value 1 : the price at which a buyer is ready and willing to buy and a seller is ready and willing to sell 2 : market price ...
vertical price-fixing
vertical price-fixing : an illegal arrangement in which parties at different levels of a system of production and distribution act to fix the market price of goods ;esp : resale price maintenance compare horizontal price-fixing NOTE: Vertical price-fixing is a per se violation of antitrust laws. ...
fire sale price
a price much lower than normal market price as the Reagan administration sold off valuable mineral and timber resources at fire sale prices...
spread
spread 1 a : the difference between any two prices for similar articles [the between the list price and the market price of an article] b : the difference between the highest and lowest prices of a product or security for a given period c : the difference between bid and asked prices (as of a stock) 2 a : a simultaneous put option and call option in which the put price and the call price differ so that no profit is made unless the price falls below or rises above the put or call price respectively by more than enough to cover the cost of the option ;also : the difference between the put price and call price b : a transaction in which a participant hedges with simultaneous long and short options in different commodities or different delivery dates in the same commodity 3 : an arbitrage transaction operated by buying and selling simultaneously in two markets when there is an abnormal difference in price between the two markets ;also : the difference in price 4 : the differenc...
Valuation
Valuation, is a process which does not end on marks being awarded by an examiner, Sanjay Singh v. U.P. Public Service Commission, (2007) 3 SCC 720.Means the act or process of valuing, Jensen v. Jensen, 458 NW 2d 391 (1990).This term is generally applied to the equivalent in money of any kind of property. Thus for the payment of estate duty, a valuation of property of all kinds has to be made. Perhaps the most important and the most difficult valuation is that of land. This has almost invariably to be undertaken whenever land is compulsorily acquired. The difficulties that surround this question were fully considered in the case of Re Lucas and Chesterfield Gas and Water Board, (1909) 1 KB 16, in which Lord Justice Moulton in the course of his judgment said (at p. 29):-'The principles upon which compensation is assessed when land is taken under compulsory powers are well-settled. The owner receives for the lands he gives up their equivalent-that is, that which they are worth to him in m...
Common gaming house
Common gaming house, 'common gaming house' means--(i) in the case of gaming--(a) on the market price of cotton, opium or other commodity or on the digits of the number used is stating such price, or(b) on the amount of variation in the market price of any such commodity or on the digits of the number used in stating the amount of such variation, or(c) on the market price of any stock or share or on the digits of the number used in stating such price, or(d) on the occurrence or non-occurrence of rain or other natural event, or(e) on the quantity of rainfall or on the digits of the number used in stating such quantity, or(f) on the pictures, digits or figures of one or more playing cards or other documents or objects bearing numbers, or on the total of such digits or figures, or on the basis of the occurrence or non-occurrence of any uncertain future event, or on the result of any draw, or on the basis of the sequence or any permutation or combination of such pictures, digits, figures, n...
Market value
Market value, The term 'market value' has ac-quired a definite connotation by judicial decisions. Any addition to the value of the land to the owner whose land is compulsorily acquired which addition is the result of such factors as are unrelated to the open market cannot be regarded as a part of the market value, Union of India v. Shri Ram Mehar, AIR 1973 SC 305: (1973) 2 SCR 720: (1973) 1 SCC 109.Market value means the price that a willing purchaser would pay to a willing seller for the property having due regard to its existing condition with all its existing advantages and its potential possibilities when laid out in the most advantageous manner excluding any advantages due to the carrying out of the scheme for which the property is compulsory acquired, Thakur Kanta Prasad Singh v. State of Bihar, AIR 1976 SC 2219: (1976) 3 SCC 772: (1976) 3 SCR 585; Prithvi Raj Taneja v. State of Madhya Pradesh, AIR 1977 SC 1560: (1977) 1 SCC 684: (1977) 2 SCR 633. (Land Acquisition Act, 1894, s. ...
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