AASB 13 Defines Exit Price As

AASB 13 defines exit price as:

A) A transaction that assumes exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction (e.g. a forced liquidation or distress sale) .
B) The price that would be received to sell an asset or paid to transfer a liability.
C) 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 date.
D) The amount for which an asset could be exchanged or a liability settled, between knowledgeable, willing parties in an arm's length transaction.