optimal use value

Tax. The highest and best use of a thing from an economic standpoint.

• If a farm would be worth more as a shopping center than as a farm, the shopping-center value will control even if the transferee (that is, a donee or heir) continues to use the property as a farm.

— Also termed most-suitable-use value. [Cases: Taxation 348(3).]

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词条贡献者

资深译员Barbara，毕业于国内顶尖的高级翻译学院，擅长翻译各类与兼并收购相关的法律文件。