An opinion of the gross amount, expressed in terms of money, that typically could be realized from a properly advertised and conducted public auction, with the seller being compelled to sell with a sense of immediacy on an as-is, where-is basis, 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
✅ ポイント解説
- 「compelled to sell with a sense of immediacy」
→ 売り手が時間的制約を受け、早急に売却せざるを得ない状況。 - 「as-is, where-is basis」
→ 資産の現状そのまま・設置場所そのままでの売却。 - 「public auction」
→ 公開競売での処分を前提としている。
👉 つまり 強制清算価値 は、通常の市場価格や公正市場価値よりも低くなるのが一般的です。
（例：倒産手続きでの競売、担保処分など）