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单词 true cash value
释义

true cash value

Definition
The market value of a property as determined by the amount a willing buyer would pay to a willing seller under normal negotiating conditions. Only those factors that can reasonably be expected to affect the outcome of a negotiated price can be considered in arriving at the true cash value. Also called the usual selling price which is distinct from the actual selling price of a property.
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更新时间:2025/1/22 19:52:03