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What does POMV stand for?

POMV stands for Percent of Market Value

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of POMV

Samples in periodicals archive:

In August 1921, a New York Court of Appeals ruled that a fair return was 10 percent of market value or less and net income was gross rent minus expenses including depreciation.
ASCC urges the Legislature to approve a Percent of Market Value (POMV) plan as a proposed amendment to the Alaska Constitution on the 2004 ballot.
What the group did was change how local and state government financed programs, shifting away from the arcane and complicated property tax method in effect at the time - where taxes were figured on 25 percent of a property's market value - to a flat rate of 1 percent of market value.
O'Loughlin, chairman of the IESG, points out that high-tech thieves are becoming increasingly daring because stolen chips are easy to sell and extremely profitable, bringing typically more than 70 percent of market value.
Conversely, if the apartment generates a significant positive cash flow, the asset is priced at 6 to 8 percent actual cash-on-cash returns, with the residual value of the apartments as an additional return to investors or up to 35 percent of market value.