Faculty of Actuaries and Revaluation: Difference between pages

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imported>Doug Williamson
(Removed the 'Now' and reworded as the merger was in 2005)
 
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(FOA).  
1. ''Financial reporting''.  


Formerly, one of the two professional actuarial bodies in the UK, based in Edinburgh - the other body being the Institute of Actuaries.
A reassessment of the value of an item already held, usually resulting in an increase in value.


The Faculty merged with the Institute of Actuaries to form the Institute and Faculty of Actuaries.  
 
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 ==
== See also ==
* [[Actuary]]
* [[Accrued benefit obligation]]
* [[Institute and Faculty of Actuaries ]]
* [[Currency]]
* [[Institute of Actuaries]]
* [[Devaluation]]
* [[Financial reporting]]
* [[Foreign exchange]]
* [[Pension fraction]]
* [[Pensionable salary]]
* [[Remeasurement]]
*[[Valuation]]
 
[[Category:Accounting,_tax_and_regulation]]
[[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