Difference between revisions of "Fair value"
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| − | < | + | == Definition == |
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| + | Fair Value means the amount that a seller would reasonably expect to receive in a current arm's length transaction between a willing buyer and a willing seller, other than a forced or liquidation sale.<ref> Definitions used in Cost Accounting Standards 2012 Release; [57 FR 14153, Apr. 17, 1992, as amended at 73 FR 23964, May 1, 2008]</ref> | ||
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| + | ==References & Notes== | ||
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| + | <references/> | ||
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| + | ==Internal Links== | ||
| + | [[CAS 415 - Accounting for the Costs of Deferred Compensation]] | ||
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| + | [[Category: Definitions]] | ||
Latest revision as of 16:52, 4 September 2013
Definition
Fair Value means the amount that a seller would reasonably expect to receive in a current arm's length transaction between a willing buyer and a willing seller, other than a forced or liquidation sale.[1]
References & Notes
- ↑ Definitions used in Cost Accounting Standards 2012 Release; [57 FR 14153, Apr. 17, 1992, as amended at 73 FR 23964, May 1, 2008]
