Exchange Currency

Level 1 asset

As determined by FASB 157, an asset which has a reliable fair market value; something you can look up and get a current quote on a major exchange. Level 1 assets include many publically traded stocks, bonds, and funds.

Related information about Level 1 asset:
  1. Level 1, Level 2, Level 3 Assets
    ... and agency securities, and certain other sovereign government obligations). If you can look up an up-to-date price on a major exchange it's a level 1 asset.
     
  2. What is Level 1 asset? definition and meaning
    Definition of Level 1 asset: As determined by FASB 157, an asset which has a reliable fair market value; something you can look up and get a current quote on a ...
     
  3. Level 1 Asset - What Does It Mean?
    What is a level 1 asset? What is the definition of a level 1 asset? What does the term level 1 asset mean?
     
  4. Mapping Level 1: Asset Identification: Regional Economic ...
    Mapping Level 1: Asset Identification. Print or download the Asset Mapping Roadmap: A Guide to Assessing Regional Development Resources document.
     
  5. CFA Level 1 Study Guide - Fixed Income Investments - Asset ...
    Investopedia's Free CFA Level 1 Exam Online Study Guide. Learn the various forms of asset-backed securities. Discusses how special purpose vehicles help ...
     
  6. CFA Level 1 Study Guide - Assets - Asset Impairment | Investopedia
    Investopedia's Free CFA Level 1 Exam Online Study Guide. Learn how an asset becomes impaired and the consequences of declaring it as such. Includes ...
     
  7. Basel Liquidity Summary - Institute of International Finance
    would involve the exchange of a Level 1 asset for a non-Level 1 asset. Another open issue the BCBS addresses is establishing operational requirements for ...
     
  8. Level 2 assets are the new Level 3 | FT Alphaville
    May 25, 2010 ... You can read a full description here, but suffice to say, Level 1 asset values were those based on readily observable market prices. Level 2 ...