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Monetary Item

An asset or liability whose value is stated in monetary terms that will not change (or that are expected not...

Distress Sale

The sale of assets, such as inventory items, securities and property, in a hurry and typically at a loss (at...

Distressed Sale

The sale of assets, such as inventory items, securities and property, in a hurry and typically at a loss (at...

Nonmonetary Asset

An asset that is not a monetary asset. It is an asset that is not in a monetary form: it...

Non-Monetary Asset

An asset that is not a monetary asset. It is an asset that is not in a monetary form: it...

Monetary Asset

A type of financial asset that constitutes money (cash) held in, and assets whose value can be converted into, a...