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Useful Life of a Leased Asset

The useful life of a leased asset is either: the estimated remaining period, from the commencement date of the lease...

Nonmonetary Asset

An asset that is not a monetary asset. It is an asset that is not in a monetary form: it...

Abandonment Value

The value of an asset or a group of assets or a project if the asset(s) or the project's assets...

Exchange-Like Transaction

A transaction (contrary to a non-exchange transaction) in which an entity receives assets or services from another and directly gives...

Exchange Transaction

A transaction (contrary to a non-exchange transaction) in which an entity receives assets or services from another and directly gives...

Entity-Specific Value

In connection with assets, it is the present value of the cash flows that are expected to result from the...

Asset Mismatch

A situation that arises when the risk associated an asset is to be hedged but there is no futures contract on that...

Multi-Asset Option

An exotic option whose payout (payoff) depends on the overall performance of more than one underlying asset, as opposed to a standard vanilla...

Replacement Value

The replacement value of an asset is the cost that entity (broadly, the user) has to incur in order to...

Replacement Cost

The replacement cost of an asset is the cost that entity (broadly, the user) has to incur in order to...