Examlex
Through negotiated rulemaking, federal agencies have begun encouraging businesses and public interest groups to become directly involved in
Trading Securities
Financial assets that a company holds for the purpose of selling them in the short term to generate profit.
Fair Value
An estimated market value of an asset or liability, based on current prices in an active market or valuation techniques.
GAAP
Widely Recognized Accounting Standards; a set of standard accounting practices and rules routinely adhered to for financial reporting purposes.
Fair Value Accounting
An accounting approach where assets and liabilities are recorded at their current market value, not just historical cost.
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