Examlex
Mr.Green sneaks into a hunting property owned by Mr.Blue.Mr.Green builds a basic structure that is hidden from plain view.Ten years later,Mr.Green files for title of the property.A court will reject Mr.Green's assertion of ownership of the property.
Carrying Value
The value at which an asset is recognized on the balance sheet, factoring in depreciation, amortization, and impairment charges.
Fair Value
An estimate of the price at which an asset or liability could be traded in a current transaction between willing parties, other than in a forced or liquidation sale.
Goodwill
represents the excess of the purchase price over the fair value of the net assets of the acquired company in a business combination.
NCI
Non-Controlling Interest, a line item on the consolidated balance sheet that reflects the equity in a subsidiary not attributable directly or indirectly to the parent company.
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