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Marked-to-Market

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Marked-to-market
An arrangement whereby the profits or losses on a futures contract are settled each day.

Marked-to-Market
Describing an asset that is recorded on a balance sheet according to its current fair market value. Marking to market is used to compute profits and losses, as well as to ensure that a portfolio, fund, or institution's book value accurately reflects what it is really worth. It is important to note that, as of April 2009, marking to market assumes an asset's fair market value in an orderly market, rather than in a volatile market or times of poor liquidity. This is done to avoid the risk that marking to market will severely undervalue an asset or firm.


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