Market Value is a financial metric that measures the value of an asset or company determined by the current market price of its shares or assets. Distinguished from book value, it reflects real-time valuation and investor sentiment.
OMV refers to the value of an asset or property in the open market, where a willing buyer and a willing seller, both knowledgeable about the item, complete a transaction without undue pressure.
Open Market Value (OMV), also known as Market Value, refers to the estimated price at which an asset or property would trade in a competitive auction setting, where the conditions for a fair sale are met, and the parties involved are well-informed and willing.
