Concept
Version 7
Created by Boundless
Accounting Methodologies: Amortized Cost, Fair Value, and Equity
Fair value
Fair value, defined as a rational and unbiased estimate of the potential market price of a good, service, or asset.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"All sizes | Dow Drops 500 Points | Flickr - Photo Sharing!."
http://www.flickr.com/photos/yotut/2860178069/sizes/o/
Flickr
CC BY.