True value definition

True value means market value based on sales at comparable locations in the state of the same or similar product of like quality and character sold under comparable conditions of sale to comparable purchasers. In the absence of such sales of the same or similar prod­ uct, true value means the value of the product sold as determined by all of the seller's direct and indirect costs attributed to the prod­ uct.
True value means fair market value as determined by any objective, reliable and commercially acceptable method including but not necessarily limited to appraisal by an appraiser;
True value. , in respect to quantity, means the value which characterizes the quantity perfectly defined;

Examples of True value in a sentence

  • For function 1 an attribute pair of ‘Red’ and ‘Small’ gives a True value.


More Definitions of True value

True value means market value based on sales at comparable locations in the state of the same or similar product of like quality and character sold under comparable conditions of sale to comparable purchasers. In the absence of such sales of the same or similar prod-
True value. ’ means, in relation to any particular securities, an amount equal to the product of the Recovery Value of the particular securities and the aggregate principal amount of such securities.
True value means market value based on sales at comparable locations in this state of the same or similar product of like quality and character sold under comparable conditions of sale
True value means the value of a property determined by the Zoning Enforcement Officer or any board or official of the Village required to make a determination in accordance with any generally accepted appraisal method of the construction trade or real estate appraisers.
True value means, in relation to any particular part of the Collateral, an amount equal to the product of the Recovery Value of the particular part of the Collateral and the aggregate principal amount of such part of the Collateral.
True value. For a correct vertex µi in the tree of a correct processor in the correct cluster Gj, val(µi) is the true value of vertex µi. In other words, the stored value is called the true value. By definition, a correct vertex is one that contains a stored value that is received from the processors in a correct cluster, and a correct cluster always transmits the same value to all processors. Therefore, the correct vertices of such an mg-tree are common. After reorganizing the mg-tree into its corresponding ic-tree by deleting the vertices with repeated cluster names, the values stored on the correct vertices of an ic-tree shall be the same. As a result, all the correct vertices of an ic-tree are also held in common. Again, by the definition of a correct vertex, a common frontier does exist in the ic-tree. Inasmuch as Agreement’ and Validity’ are true it does not matter whether the source processor is correct or has malfunctioned if the BA problem has been solved.
True value means precise result of an expert scientist