Glossary Term: MARKET VALUE
Definition(s) for MARKET VALUE:
1. ) The value of a financial instrument based upon the price at which a financial instrument is purchased or sold or the price at which it could presumably be purchased or sold. For an equity instrument, the product of the number of shares times the market price.
2. ) The current resale value of a security. The market value of an issue is easily computed as the closing price multiplied by the shares outstanding.
3. ) The amount a seller can expect to receive on the open market for merchandise, services or securities.
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Fund Letters
