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 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 fair market value as determined by any objective, reliable and commercially acceptable method including but not necessarily limited to appraisal by an appraiser;

Examples of True value in a sentence

  • Accuracy is calculated as follows: %Rec=Analyzed value x 100 True value The Tetra Tech Technical Lead will ensure the contract laboratory accuracy by meeting %Recovery (Rec) values specified by EPA methods and listed in Table 4.0-3.


More Definitions of True value

True value. , in respect to quantity, means the value which characterizes the quantity perfectly defined;
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. For a correct vertex αi in the tree of a healthy node in the healthy node j, val(αi) is the true value of vertex αi. In other words, the stored value is called the true value. By the definition of a correct vertex, its stored value is received from a healthy node, and a healthy node always transmits the same value to all nodes; therefore, the correct vertices of such an mg-tree are common. After reorganizing the mg-tree into a corresponding ic-tree by deleting the vertices with repeated node names, the values stored on the correct vertices of an ic-tree shall be the same; therefore, all correct vertices of an ic-tree are also in common. By the definition of a correct vertex, the common frontier does exist in the ic-tree. Thus the root can be proved to be a common vertex [(Agreement’) is true] due to the existence of a common frontier, regardless of the correctness of a node i. An agreement of the root value is reached. Next, we will check the validity of (Validity’). When the node i has failed, (Validity’) is true due to the propositional logic [(P€Q)] meaning (NOT(P) OR Q). Hence (NOT(P) OR Q) or (P€Q) is true when P is false, where P implies “the node i is correct” and (P€Q) implies (Validity’s)]. Conversely, root i is a correct vertex by the definition of a correct vertex if the node i is healthy. If all correct vertices’ true values can be computed by FGCA, then the true value of the root can be computed because the root is a correct vertex. By definition, the true value of the root is the initial value of the node i if the node i is healthy. In short, each healthy node’s root value is the initial value of the node i if the node i is healthy; therefore, (Validity’) is true when the node i is healthy. Since (Agreement’) and (Validity’) are both true regardless whether node i is healthy or failed, the agreement problem is solved.
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 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 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