Please select your Premise of Value.  Fair Market Value (FMV) is defined as 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 obligation to buy or to sell and both having reasonable knowledge of relevant facts, as of a specific date. Orderly Liquidation Value (OLV) is defined as an opinion of the gross amount, expressed in terms of money, that typically could be realized from a liquidation sale, given a reasonable period of time to find a purchaser (or purchasers), with the seller being compelled to sell on an as-is, where-is basis, as of a specific date. (Source: Machinery & Technical Specialties Committee of the American Society of Appraisers – July 25, 2010). HeliValue$ defines the Net Orderly Liquidation Value (NOLV) as the estimated net amount after sales expenses (brokerage fee, insurance, time value of money) that each helicopter would bring in a liquidation sale, given a reasonable amount of time to find a purchaser, but where the seller is compelled to sell on an “as-is, where-is” basis.