We have made every effort to keep our website free of jargon but realise some words, phrases and acronyms may need further explanation. Our glossary contains definitions for business and financial terms used throughout this site.
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- Mark-to-market adjustment
- An accounting adjustment to change the book value of an asset or liability to its market value.
- Market value
- Market value is determined by the Groupís valuers, in accordance with the RICS Valuation Standards, as an opinion of the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an armís-length transaction after proper marketing.