REVALUATION ACCOUNTS


Meaning of REVALUATION ACCOUNTS in English

Balance sheet accounts for registration of the difference in the value of an asset or liability between the adjusted cost of its acquisition and its valuation at an end-of-period market price, when the latter is higher than the former in the case of assets, and when the latter is lower than the former in the case of liabilities. They include differences in both price quotation and/or market exchange rates.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.