An accounting principle that makes it easier to compare the value of assets between companies. When interest rates change, companies are required to ‘mark’ their assets (investments) up or down to reflect the different market conditions.
The Rantings of the barely human.
An accounting principle that makes it easier to compare the value of assets between companies. When interest rates change, companies are required to ‘mark’ their assets (investments) up or down to reflect the different market conditions.