The fair price also called right value is a theoretical and virtual notion nearer of the value (= estimate) that Prix (= of market). It was advanced by Thomas d' Aquin in his Summa Theologica .

The fair price would be, according to the approaches:

  • the potential price estimated starting from elements considered objective (cost, utility, scarcity, etc),
  • a substitute of the contract price when there does not exist Marché organized giving a reliable reference on the equilibrium price between supply and;
  • the desirable price according to appreciations considered ethical;
  • a meaningless word.

For the financial credits, concerning the relation between the fair price and the price contract, there are two approaches:

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