What is the term for the realistic selling price of an asset today?

The term that defines the realistic selling price of an asset today is "Market Value." Market value represents the price that an asset would fetch if it were to be sold in the current market conditions. This value is determined by various factors, including supply and demand dynamics, economic trends, and the condition of the asset itself.

Market value is essential in various contexts, such as real estate transactions, investments, and financial reporting, as it provides a snapshot of what an item is worth in the open market at a specific point in time. It reflects the expectations of buyers and sellers and can fluctuate based on changing market circumstances.

In contrast, "Current Value" and "Fair Value" might refer to more subjective or alternative assessments of worth, while "Book Value" represents the value of an asset as recorded in the books of an organization, which may not reflect its current market conditions. Therefore, market value is the most accurate term for the realistic selling price of an asset today.