Credit Guarantee Scheme and Revaluation: Difference between pages

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''UK''
1. ''Financial reporting''.


(CGS).  
A reassessment of the value of an item already held, usually resulting in an increase in value.


A former UK Treasury scheme under which banks and other financial institutions could obtain credit insurance effectively backed by the government, in return for a fee (designed to be calculated on a full commercial basis).


The CGS was launched in 2008 with the aim of making it easier for financial institutions to borrow money.
2. ''Foreign exchange''.  


The CGS closed in 2012.
A change in the value of a currency in a fixed exchange rate system, usually resulting in an increase in its value relative to other currencies (contrasted with a devaluation).




(The former CGS should not be confused with the UK [[Export Credits Guarantee Department]], which relates to ''exports'' from the UK.)
3.
 
Any reassessment of value.




== See also ==
== See also ==
* [[Accrued benefit obligation]]
* [[Currency]]
* [[Devaluation]]
* [[Financial reporting]]
* [[Foreign exchange]]
* [[Pension fraction]]
* [[Pensionable salary]]
* [[Remeasurement]]
*[[Valuation]]


* [[Asset purchase facility]]
[[Category:Accounting,_tax_and_regulation]]
* [[Export Credits Guarantee Department]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Revision as of 15:36, 22 October 2020

1. Financial reporting.

A reassessment of the value of an item already held, usually resulting in an increase in value.


2. Foreign exchange.

A change in the value of a currency in a fixed exchange rate system, usually resulting in an increase in its value relative to other currencies (contrasted with a devaluation).


3.

Any reassessment of value.


See also