Search Definitions

A financial instrument or other contract within the scope of this Standard with all three of the following characteristics. (a) its value changes in response to the change in a specified interest rate, financial instrument price, commodity price, foreign …

Distributions of profits to holders of equity instruments in proportion to their holdings of a particular class of capital. …

The method that is used in the calculation of the amortised cost of a financial asset or a financial liability and in the allocation and recognition of the interest revenue or interest expense in profit or loss over the relevant …

The rate that exactly discounts estimated future cash payments or receipts through the expected life of the financial asset or financial liability to the gross carrying amount of a financial asset or to the amortised cost of a financial liability . When …

The weighted average of credit losses with the respective risks of a default occurring as the weights. …

A contract that requires the issuer to make specified payments to reimburse the holder for a loss it incurs because a specified debtor fails to make payment when due in accordance with the original or modified terms of a debt …

A financial liability that meets one of the following conditions. (a) it meets the definition of held for trading . (b) upon initial recognition it is designated by the entity as at fair value through profit or loss in accordance with paragraph 4.2.2 or …

A binding agreement for the exchange of a specified quantity of resources at a specified price on a specified future date or dates. …

An uncommitted but anticipated future transaction. …

The amortised cost of a financial asset , before adjusting for any loss allowance . …