Mark to market basis

1. In financial accounting, the recognition of assets and liabilities at their current market values, as at the end of the financial accounting period.

2. A basis of taxation which follows the mark to market basis of financial accounting.

3. UK Tax. A method of allocating loan-related payments to the period in which they become due and payable and brings the value of loan relationships into account at fair value at the end of each period.

See also

• Accruals basis
• Market value