339 definitions found
AASB 4
Definition
A[21]
Account for the components of a contract as if they were separate contracts. Additional Australian defined terms – see Appendix …
AASB 4
Definition
A[2]
A contractual component that is not accounted for as a derivative under AASB 9 and would be within the scope of AASB 9 if it were a separate …
AASB 4
Definition
A[3]
An insurance contract that is not a reinsurance contract . …
AASB 4
Definition
A[4]
A contractual right to receive, as a supplement to guaranteed benefits , additional benefits: (a) that are likely to be a significant portion of the total contractual benefits; (b) whose amount or timing is contractually at the …
AASB 4
Definition
A[5]
Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. (See AASB 13 …
AASB 4
Definition
A[12]
An insurer’s net contractual obligations under an insurance contract . …
AASB 4
Definition
A[13]
Risk, other than financial risk , transferred from the holder of a contract to the issuer. …
AASB 4
Definition
A[14]
An uncertain future event that is covered by an insurance contract and creates insurance risk . …
AASB 4
Definition
A[15]
The party that has an obligation under an insurance contract to compensate a policyholder if an insured event occurs. …