Difference between revisions of "Fair Value"
From Open Risk Manual
Wiki admin (talk | contribs) |
Wiki admin (talk | contribs) |
||
Line 1: | Line 1: | ||
== Definition == | == Definition == | ||
− | + | '''Fair Value''' is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date | |
+ | |||
+ | == See Also == | ||
+ | * [[Historical Cost]] | ||
[[Category:IFRS 13]] | [[Category:IFRS 13]] | ||
[[Category:Valuation]] | [[Category:Valuation]] | ||
+ | [[Category:Measurement]] |
Latest revision as of 21:44, 6 September 2021
Definition
Fair Value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date