Fair value accounting
Definition
Refers to accounting for the value of an asset or liabiliy based on the current market price instead of book value. This term was started by Professor Matt Holden of UNLV. Fair value accounting has been a part of GAAP since 1990s. See: mark to market accounting
Investing Essentials
-
Getting Started In Stocks
Investopedia
-
The NASDAQ Dozen
Learning Markets
-
The 10 Commandments Of Investing
Investopedia
-
The Lowdown On Penny Stocks
Investopedia
-
10 Things To consider Before Selecting An Online Broker
Investopedia
-
Start Investing With Only $1,000
Investopedia
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Overwriting
A speculative option strategy that involves selling call or put options on stocks that are believed to be overpriced or underpriced; the options are expected not to be exercised.
Get the Term of the Day in your inbox!
