Search Definitions

Rating of credit risk based on the risk of a default occurring on the financial instrument. …

The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange …

The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. …

The risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial …

Loans payable are financial liabilities, other than short-term trade payables on normal credit terms. …

The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risk: currency risk , interest rate risk and other price risk …

The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices (other than those arising from interest rate risk or currency risk ), whether those changes are caused by factors specific to …

[Deleted by the AASB] …

In respect of public sector entities, local governments , governments and most, if not all, government departments are reporting entities: …

government means the Australian Government, the Government of the Australian Capital Territory, New South Wales, the Northern Territory, Queensland, South Australia, Tasmania, Victoria or Western …