LEVEL 3 ASSETS
Assets whose accurate fair market value cannot be gauged using observable measures like market prices or models, as explained in the Financial Accounting Standards Board Statement 175. Level 3 Assets are generally illiquid, but fair values can be computed by applying estimated or risk-adjusted value ranges. Aside from Level 1 and 2 assets, which have more accurate fair values, Level 3 Assets must be detailed by all publicly traded companies as of 2008.
POPULAR TERMS
Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:01 | Rightmove House Prices | Dec | |
02:30 | PMI Manufacturing | Dec | |
02:30 | Tertiary Industry Index | Dec | |
02:30 | PMI Composite | Dec | |
04:00 | Fixed Asset Investment | Nov | |
04:00 | Industrial production | Nov | |
04:00 | Retail Sales | Nov | |
04:00 | Unemployment Rate | Nov | |
04:00 | NBS Press Conference |