The accounting procedure whereby assets are revalued to market value basis on a daily basis is known as:

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The process of revaluing assets to their market value on a daily basis is known as marked-to-market accounting. This practice is commonly used in financial markets such as commodities, equities, and derivatives trading to provide accurate and up-to-date information on the values of assets held by investors. It is also used to calculate the net asset values (NAVs) of mutual funds and exchange-traded funds (ETFs). FASB rule 62 does not exist, and market value accounting is a broader term that encompasses marked-to-market accounting.

The Accounting Procedure Whereby Assets Are Revalued to Market Value