Fair Value the amount at which an asset (or liability) could be bought (or incurred) or sold (or settled) in a current transaction between willing parties, that is, other than in a forced or liquidation sale. Quoted market prices in active markets are the best evidence of fair value and shall be used as the basis for the measurement, if available. If a quoted market price is available, the fair value is the product of the number of trading units times market price. What is Fair Value , What does mean Fair Value , Insurance Guide, Insurance Glossary
Commercial Earthquake earthquake property coverage for commercial ventures. What is Commercial Earthquake , What does mean Commercial Earthquake , Insurance G... more
