Business, Legal & Accounting Glossary
An accounting term used to describe securities that are not expected to be held for a lengthy period of time, or until maturity. Under the U.S. Generally Accepted Accounting Principles (GAAP), all securities owned by a company must be classified in one of three ways: held for trading, held to maturity, or available-for-sale (AFS). AFS securities have a readily available market price. For accounting purposes, they are reported at fair value.
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Definitions for Available-For-Sale Security are sourced/syndicated and enhanced from:
This glossary post was last updated: 19th November, 2021 | 0 Views.