Examlex
Which is mismatched?
Fair Value
Fair Value is a financial term describing the estimated worth of an asset or liability in the marketplace, based on current prices and considering factors like utility and risk.
Asset
Resources owned or controlled by a business that are expected to generate future economic benefits.
Fair Value Principle
Assets and liabilities should be reported at fair value (the price received to sell an asset or settle a liability).
Investment Securities
Investment securities are financial instruments that individuals or institutions buy and intend to hold for profit, such as stocks, bonds, or mutual funds.
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