Financial Assistance Scheme and Revaluation: Difference between pages

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imported>Doug Williamson
(Added additional information that it is administered by the Pension Protection Fund)
 
imported>Doug Williamson
(Add link.)
 
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(FAS).  
1. ''Financial reporting''.  


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


A limited compensation scheme set up by the UK Government to support benefits payable by pension schemes winding up between 1997 and 2005 and unable to pay benefits in full.


Administered by the Pension Protection Fund.
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 ==
* [[Pension Protection Fund]]
* [[Accrued benefit obligation]]
* [[Currency]]
* [[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