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An orderly transaction is one that involves market participants that are willing to transact and allows for adequate exposure to the market.
"The concept of a fair-value measurement assumes an orderly transaction between market participants.
Accounting rules require that investments are held at "fair value"—the price at which they can be sold to a third party in an orderly transaction.
Such rules are intended to maintain decorum, to ascertain the will of the majority, to preserve the rights of the minority, and to facilitate the orderly transaction of the business of an assembly.
7001 6), which are "procedural rules adopted by the Court for the orderly transaction of its business" that are "not jurisdictional". Kontrick v. Ryan, 540 U. S. 443, 454 (2004) (internal quotation marks omitted).
They emphasized that fair value is the price that would be received to sell the asset in an orderly transaction.
Similar(51)
Distressed or forced liquidation sales are not orderly transactions, and thus the fact that a transaction is distressed or forced should be considered when weighing the available evidence.
The new guidance directs them to demonstrate that no Level 2 inputs (similar transactions) can be used because they were not orderly transactions, before moving to Level 3 inputs.
"Citigroup, after yesterday morning's announcement of the sale of certain Wachovia businesses to Citigroup, is committed to the orderly consummation of the transaction, including the viability of the businesses that will remain with Wachovia Corp.," the statement said.
SharesPost Financial, a firm that facilitates trading shares of privately held companies such as Facebook, announced on Wednesday that it would cease facilitating transactions in Facebook as of the end of day on Friday "to help ensure the company's orderly transition into the public markets".
Another well-regarded case explains how a state in Malaysia simplified the way people could register the land they owned, creating a more orderly, efficient process for property transactions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com