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 information about Level 2 asset:
- Level 2 Assets Definition | Investopedia
Sometimes called “mark to model” assets, Level 2 asset values can be closely approximated using simple models and extrapolation methods using known, ...
- What is Level 2 asset? definition and meaning
Definition of Level 2 asset: 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 ...
- Level 2 assets are the new Level 3 | FT Alphaville
May 25, 2010 ... Level 2 asset values were based on quoted prices in inactive markets, or based on models but the inputs to those models are observable.
- What is the Difference Between Level 1, Level 2 and Level 3 Assets?
Level 2 Asset - an asset that does not have regular pricing, but in which the value can be easily determined through a simple model. Example of Level 2 assets ...
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While Level 1 is the foundation for C.A.L.M. (nearly every client needs to have a comprehensive review of their asset protection plan and possible planning ...
- Definition of Level 1, Level 2, Level 3 Assets | Diligence Review Corp.
(For example, a Level 2 asset could be listed on a non-active market, or might be valued by a specific pricing model that has observable inputs.) Level 3 assets ...
- International framework for liquidity risk measurement, standards and
A minimum 15% haircut is applied to the current market value of each Level 2 asset held in the stock. Level 2 assets are limited to the following: (a). Marketable ...
- A License to Fail with Other People's Money - Seton Hall | Law ...
unavailability of market data, valuing a “Level 2” asset requires an analysis of fundamental financial data and prospects of the company that issued the debt. 135 ...