Assertion: asset's value | /r/HasProperty | fair
Facets:
Source sentences:
text: These assets and liabilities do not have regular market pricing, but can be given a fair value based on quoted prices in inactive markets, or models which have observable inputs, such as interest rates, default rates, and yield curves.
text: When an asset is impaired, its fair value decreases, which will lead to an adjustment of book value on the balance sheet.
text: Financial assets "held for trading" — i.e., which were acquired or incurred principally for the purpose of selling, or are part of a portfolio with evidence of short-term profit-taking, or are derivatives — are measured at fair value through profit or loss.
text: All other financial assets are categorized as financial assets "available for sale" and are measured at fair value through profit or loss by designation.
text: For financial assets to be measured at fair value through profit or loss by designation, designation is only possible at the amount the asset was initially recognized at.