Fair value is the amount for which the securities can be sold.

Name: Fair value is the amount for which the securities can be sold.
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Fair value is defined as the amount for which an asset (or liability) could be exchanged or settled between knowledgeable, willing parties in an arm's length transaction. In the case of securities, fair value refers to the price at which the securities can be sold on the open market, or the estimated value based on current market trends and conditions.

Fair Value Is the Amount for Which the Securities Can