Examlex
"Multiple buying influence" means that several people in an organization share in making a purchase decision, but top management is never involved.
Fair Value
A valuation method that approximates the amount for which an asset could be bought or sold in a current transaction between participants at arm's length.
Book Value
The net value of an asset or liability according to its balance sheet account balance, taking into account the cost of the asset and accumulated depreciation.
Unrealized Gain
A profit that exists on paper resulting from an investment that has increased in value but has not yet been sold.
Commercial Substance
The notion that a transaction significantly alters the cash flows that the economic entity would otherwise expect.
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