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Banking

Liability Fair Value

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...

Asset Fair Value

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Fair Value of an Asset

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Fair Value of a Liability

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...

Financial Asset

An asset that has no physical characteristics, but rather derives its value from a monetary basis (monetary asset such as...

FVTOCI

It stands for fair value through other comprehensive income; the gains/ losses resulting from assets measured at fair value due...

FVOCI

It stands for fair value through other comprehensive income; the gains/ losses resulting from assets measured at fair value due...

Fair Value Through Other Comprehensive Income

The gains/ losses resulting from assets measured at fair value due to changes in fair value-measured amounts. These changes are...

Active Market

A market where transactions involving an asset or a liability occur in a frequency and volume enough to establish a...

Exit Price

The price that an entity would receive in exchange for the sale/ disposal of an asset or would pay to...