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Tip of the Day Make Your Home More Energy Efficient

Make Your Home More Energy Efficient - There are many ways to save money around your home. These can range anywhere from insulating your hot water tank to prevent...

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Level 3 Asset

Level 3 Asset - Level 3 Asset as determined by FASB 157 is an asset for which an accurate fair market value is not calculated. An outlay model may be able to provide an approximation, but are generally illiquid. A mortgage-backed protection might be a Level 3 asset. Financial assets and liabilities whose values based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect management's own assumptions about the assumptions a market participant would use in pricing the asset or liability. Examples include certain private equity investments, residential and commercial.

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Definition of the Day Little Board

Little Board - Little Board is a slang term referring to the American Stock Exchange (AMEX). It also described any exchange that is not the New York Stock Exchange (NYSE). Little board was to refer to the New York Consolidated Stock and Petroleum Exchange, which closed its doors in the...

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