372 definitions found
AASB 4
Definition
A[18]
A cedant’s net contractual rights under a reinsurance contract . …
AASB 4
Definition
A[19]
An insurance contract issued by one insurer (the reinsurer ) to compensate another insurer (the cedant ) for losses on one or more contracts issued by the …
AASB 4
Definition
A[20]
The party that has an obligation under a reinsurance contract to compensate a cedant if an insured event occurs. …
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 13
Definition
A[1]
A market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing …
AASB 13
Definition
A[2]
A valuation technique that reflects the amount that would be required currently to replace the service capacity of an asset (often referred to as current replacement …
AASB 13
Definition
A[3]
The price paid to acquire an asset or received to assume a liability in an exchange transaction. …
AASB 13
Definition
A[4]
The price that would be received to sell an asset or paid to transfer a liability. …
AASB 13
Definition
A[5]
The probability-weighted average (ie mean of the distribution) of possible future cash flows. …
AASB 13
Definition
A[6]
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 …