Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Accounting Standards Codification (ASC) 820

Codification that defines fair value, provides a framework for measuring fair value in generally accepted accounting principles (GAAP), discusses acceptable valuation techniques and inputs to valuation techniques, establishes a fair value hierarchy that prioritizes the inputs, and requires extensive financial statement disclosures about the valuation of plan investments.
 

Source: NCREIF | Date: 02 September 2025 | ID: D0884 | Version: 1