Dictionary
Verkehrswert
German → American English
American English
Market value
Der Wert einer Sache, vor allem einer Immobilie, der im gewöhnlichen Geschäftsverkehr erzielt werden kann.
Der Verkehrswert des Hauses wurde von einem Gutachter geschätzt.Used mainly in legal, tax, and real-estate contexts. For everyday speech, people often say Marktwert, but Verkehrswert is the more formal term in Germany.
Frequently asked questions
What does Verkehrswert mean in English?
Verkehrswert means market value, especially in legal or real-estate contexts.
Is Verkehrswert the same as Marktwert?
In practice, they are often used similarly, but Verkehrswert is the more formal legal term.
Where is Verkehrswert used?
It is commonly used in property valuation, inheritance, taxation, and court or official reports.