FOLIO Ontology

Asset Valuation

IRI:
https://folio.openlegalstandard.org/RsPz5V4eHK4ktNBSAAf6V6
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Definition

Asset Valuation refers to the process and set of methods used to determine the fair market value of an individual asset, such as real estate, stocks, or machinery. This valuation serves as a foundational element in various financial activities, including transactions, balance sheet reporting, and strategic planning

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Additional Information

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