full and true value
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 297 U.S. 135 - Great Northern Ry Co v. Weeks · 1936Most cited · 274 citing opinions
the amount that the owner would be entitled to receive as just compensation upon a taking of that property by the state or the United States in the exertion of the power of eminent domain. That value is the equivalent of the property, in money paid at the time of the taking.
How often courts cite the case defining “full and true value”
Court decisions citing the opinion that defined “full and true value” — 274 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.