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FMV

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
AcronymDefinition
FMVFair Market Value
FMVFörsvarets Materielverk (Swedish Defence Materiel Administration; Procurement agency for the Swedish armed forces)
FMVFull Motion Video
FMVForeign Market Value
FMVFredrikstad Mekaniske Verksted (Fredrikstad, Norway)
FMVFor Maximum Value (King Soopers brand)
FMVFan Made Video
FMVFeyziye Mektepleri Vakfi (Turkey)
FMVFuel Metering Valve
FMVFuture Market Value
FMVFast-Moving Vehicle
FMVFully Maintained Vehicle
FMVFace Mask Ventilator
FMVFamily of Military Vehicles
FMVFull Motion Violence (online gaming)
FMVFédération Musicale Vosgienne


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? References in periodicals archive
Generally, this is not a problem when the FMV of the property contributed to the corporation equals its basis in the transferor's hands.
This ruling concluded that: (1) F realized capital gain based on the difference between F's basis in the property and the annuity's PV; (2) this gain was reported ratably over F's life expectancy; (3) the investment in the contract to compute the exclusion ratio was F's basis in the property transferred; (4) the excess of the property's FMV over the annuity's PV was a gift from F to S; and (5) the prorated capital gain reported annually was derived from the taxable portion of each payment.
When a donor transfers encumbered property to a charity and the property's FMV exceeds his or her basis, the donor, will recognize income.
 
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