Fair Market Value—Installed

An opinion, expressed in terms of money, at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts, considering market conditions for the asset being valued, independent of earnings generated by the business in which the property is or will be installed, as of a specific date.

The underlying theme and elements of the definitions presented here are based in standard appraisal theory. Many terms are used to describe various thoughts or premises of value.
These definitions are offered to provide fundamental value concepts – they are not the only acceptable definitions available.  Contracts or jurisdictions may dictate somewhat different philosophies; therefore, these definitions may be expanded or refined as the purpose and function of an appraisal dictate, as long as the fundamental concepts are not altered. In some cases, the laws of a country, state, region, or regulatory agency may require other terms, which would take precedence over the definitions shown here.

出典：ASA

✅ 「Installed（設置済み）」が意味すること

• 資産が 現実に据え付けられた状態 を前提に評価する。
• 運搬前の「裸の資産価値」ではなく、
  • 設置に伴うコストを含む
  • 現場での利用可能性を考慮する
• ただし、その資産を利用する事業が生む収益力には依存しない。