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Original Maturity
The original duration set during the issuance of a financial instrument, such as a bond or loan, indicating the period until the principal is supposed to be paid back.
GAAP
The standardized set of accounting principles, standards, and procedures issued by the Financial Accounting Standards Board (FASB) for companies in the U.S.
Fair Value
The income from offloading an asset or the charge for transferring a liability in a methodical exchange among participants in the market at the time of determining its value.
Orderly Transaction
A transaction executed in an organized manner where both buyer and seller have access to all pertinent information and neither is under undue pressure.
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