Match the following terms with their definitions.
-Market value
A)Tax to raise revenue for cities, schools, etc.
B)A tax on consumers for certain merchandise or services
C)Value of property to calculate property taxes
D)1/10 of a cent
E)Current value today
F)Budget needed divided by total assessed value
G)Tax on luxury items

Question

Quizplus · Accepted Answer

Market value refers to the current value of an asset or company based on the prevailing market conditions. This term is often used to describe the price at which an asset or service can be bought or sold in a competitive marketplace.

Match the Following Terms with Their Definitions