Search for a term:

Level 2 asset


Definition
As determined by FASB 157, an asset which does not have a fair market value that can be looked up, but instead is able to be calculated from other data points. A Level 2 asset might be listed on a non-active market, or be valued by a specific pricing model.

Related Terms

Level 1 asset -  More

Level 3 asset -  More

Related Personal Finance Articles

Loading...

Level 2 asset in the news

Loading...

Level 2 asset is ...

... part of the Bonds, Mutual Funds, Stocks and Trading subjects.

Search volume for Level 2 asset

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z