How about flair market value: “the price that would be paid by a greedy lawyer and a zealous IRS agent, neither of whom have had any real world business experience.”  This “alternative” definition came out of a recent session on estate planning and family limited partnerships—and was passed onto us by Alina Niculita (Shannon Pratt Valuations).  Ken Becker, CPA (former BVResources CFO) added the “flair” to the definition. As always, send your BV-related quips, comments, and questions to the editor.