Orderly Liquidation Value
Orderly Liquidation Value (OLV) is the monetary value of an asset that can be expected in a transaction with a single seller given a reasonable amount of time to find one or more purchasers of a liquidation sale, where the seller is under a short time constraint and has location constraints within which to sell the asset.
The OLV for heavy equipment has traditionally held close to the midpoint between a Forced Liquidation Value (no reasonable time) and a Fair Market Value (no time or location constraints).
Introducing a New OLV Standardhttps://equipmentwatch.com/new-olv-standard/