Examlex
Match each word part meaning with its correct word part.
-Woman
Bid-Ask Prices
The prices at which buyers are willing to purchase (bid) and sellers are willing to sell (ask) financial securities in the markets.
Measurement Date
The specific date at which the fair value of assets and liabilities is determined for accounting purposes.
Unobservable Inputs
Inputs for which market data are not available and that are developed using the best information available about the assumptions that market participants would use when pricing the asset or liability.
Fair Value Hierarchy
A system that prioritizes the inputs used in the valuation of assets and liabilities for financial reporting purposes.
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