Home > Terms > English, UK (UE) > Amortised cost of a financial asset or financial liability

Amortised cost of a financial asset or financial liability

The amount at which the financial asset or financial liability is measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount, and minus any reduction (directly or through the use of an allowance account) for impairment or uncollectibility.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Other Languages:

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Entertainment Category: TV

Glen Larson

Glen Larson was the writer, producer and creator of many of the biggest 70's and 80's hit TV shows. He was responsible for shows such as the original ...

Contributor

Featured blossaries

Maritime

Category: Engineering   1 1 Terms

Economics

Category: Business   2 14 Terms