fair values

USAGE SUMMARY

The phrase "fair values" is correct and usable in written English.
It is typically used in financial contexts to refer to the estimated worth of an asset or liability based on current market conditions. Example: "The company's fair values of its assets were assessed during the annual audit to ensure accurate financial reporting."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

31 human-written examples

Surely "fair" values are not far from catching up with depressed share prices?

The Economist

She added, "To be fair, values here have increased so much there's a disconnect if you don't upgrade".

The New York Times

According to regulators, Mr. Kelsoe instructed his accounting department to mark the prices of securities above their fair values.

The New York Times

"Those payments may have been compatible with the regulations left from previous administrations but nevertheless are unacceptable based on the ethical and fair values of this government".

The Guardian

"If banks don't want to disclose these fair values, they should not turn to the public markets for money," says Jeannot Blanchet, an analyst at Morgan Stanley.

The Economist

A veteran assessor who has worked across the country, Mr. Gwartney said he did not view the process as political, but simply a matter of adhering to the state tax code and applying fair values to taxable properties.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

26 human-written examples

"We're paying fair value.

The New York Times - Sports

Prudential Securities estimates fair value at $500 million.

The New York Times

But what does "fair value" mean?

The New York Times

Our own fair value suggests 950p.

The Guardian - Business

He puts the fair value at $40.

The New York Times

Expert writing Tips

Best practice

When discussing financial reporting or audits, always clarify the methodology used to determine "fair values", as different methods can yield varying results. Be specific about whether you're referring to market value, intrinsic value, or another type of valuation.

Common error

Avoid presenting "fair values" as merely a matter of opinion. While judgment is involved, fair value assessments should be based on objective data, market analysis, and established valuation techniques, not arbitrary feelings.

Linguistic Context

The phrase "fair values" functions primarily as a noun phrase. It often acts as the object of a verb or preposition, denoting the estimated worth or equitable pricing of assets, liabilities, or other financial instruments. Ludwig AI's examples showcase its use in financial reporting, audits, and market analysis.

Expression frequency: Common

Frequent in

News & Media

40%

Science

30%

Formal & Business

15%

Less common in

Wiki

9%

Social Media

3%

Encyclopedias

3%

Ludwig's WRAP-UP

The phrase "fair values" is a commonly used noun phrase, particularly in financial and business contexts, to describe the estimated worth of assets or liabilities based on objective assessment methods. Ludwig AI confirms its grammatical correctness and usability in written English. While it's often associated with a neutral or professional register, understanding the nuances and methodologies behind determining "fair values" is crucial to avoid misinterpretations. Consider alternatives like "equitable worth" or "justifiable prices" to slightly shift the emphasis, and be mindful of avoiding subjective opinions when presenting or assessing "fair values".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

equitable worth

Replaces "fair" with "equitable", emphasizing impartiality and justice in determining value.

justifiable prices

Substitutes "values" with "prices" and "fair" with "justifiable", focusing on the defensibility of the price.

reasonable valuations

Replaces "fair" with "reasonable" and "values" with "valuations", indicating an assessment within acceptable limits.

appropriate assessments

Uses "appropriate assessments" to signify that the determined values are fitting and suitable for the given context.

impartial appraisals

Replaces "fair" with "impartial" and "values" with "appraisals", emphasizing objectivity in the evaluation.

objective worth

Focuses on the unbiased and factual assessment of value, rather than a subjective judgment of fairness.

true market price

Highlights the real or actual price that the market dictates, as opposed to a manipulated or artificial value.

validated valuations

Emphasizes the verification and confirmation of the accuracy and reliability of the valuation process.

defensible estimates

Indicates that the estimated values can be justified and supported with evidence or reasoning.

realizable value

Shifts the focus to the value that can actually be obtained when an asset is sold or converted to cash.

FAQs

How are "fair values" typically determined in accounting?

In accounting, "fair values" are often determined using market data, valuation models, or a combination of both. The specific method depends on the nature of the asset or liability and the availability of reliable data. International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) provide guidance on fair value measurement.

What's the difference between "fair values" and market prices?

"Fair values" represent an estimate of what an asset would sell for in an orderly transaction between market participants, while market price is the actual price at which an asset is transacted in the market. Fair value may be used when a reliable market price isn't available.

When might it be necessary to estimate "fair values"?

Estimating "fair values" is necessary when market prices are unavailable or unreliable, such as for unique assets or in illiquid markets. It's also crucial for financial reporting when applying fair value accounting standards.

Are there any alternatives to the phrase "fair values"?

Yes, you can use alternatives such as "equitable worth", "justifiable prices", or "reasonable valuations" depending on the specific context.