American Society of Appraisers proposes new Definitions of Value as approved by the Machinery and Equipment Committee and American Society of Appraisers Board of Govenors. In particular, the Fair Market Value in Continued Use definition has been expanded to break out two different approaches to future earnings: Continued Use with Assumed Earnings v Continued Use with an Earning Analysis. Please bear in mind as you read that none of these definitions have been officially accepted and some of the definitions are still being discussed. Read More