CRD IV and Crystallisation: Difference between pages
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'' | 1. ''Law - security''. | ||
In the law of security and charges over assets, crystallisation is the transformation of a floating charge over assets into a fixed charge. | |||
Crystallisation happens on the appointment of an administrative receiver, on the presentation of a winding-up petition, or as otherwise provided for in the document creating the charge. | |||
2. ''Tax and financial reporting.'' | |||
In tax and financial reporting, crystallisation is the change of an unrealised gain or loss to a realised one. | |||
== See also == | == See also == | ||
* [[ | * [[Charge]] | ||
* [[ | * [[Fixed charge]] | ||
* [[ | * [[Floating charge]] | ||
* [[ | * [[Realisation]] | ||
* [[ | * [[Security]] | ||
* [[ | * [[Settlement]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 22:15, 10 March 2019
1. Law - security.
In the law of security and charges over assets, crystallisation is the transformation of a floating charge over assets into a fixed charge.
Crystallisation happens on the appointment of an administrative receiver, on the presentation of a winding-up petition, or as otherwise provided for in the document creating the charge.
2. Tax and financial reporting.
In tax and financial reporting, crystallisation is the change of an unrealised gain or loss to a realised one.
