Fair Value Measurement
/ˌfɛər ˈvælju ˌmɛʒərmənt/
Definitions
- (n.) The process of determining the fair value of an asset or liability under legal or regulatory financial reporting standards.
The company adopted fair value measurement to comply with IFRS guidelines.
- (n.) A valuation approach used in litigation or dispute resolution to establish the monetary worth of property or interests.
The court relied on fair value measurement to settle the shareholder dispute.
Forms
- fair value measurement
Related terms
See also
Commentary
Fair value measurement often requires considering market conditions and legal standards simultaneously, emphasizing transparency and objectivity in valuation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.