Arbitrary Value

Arbitrary Value

A value not linked to an asset or liability, but created solely for accounting purposes. Critics of capitalism contend that a disproportionate amount of the value the market creates is arbitrary, though others strongly dispute this. Arbitrary value is also called fictitious value.
Mentioned in ?
References in classic literature ?
Bentham and others, have strongly insisted on their arbitrary value.
As for land registry property overvaluation, this is well known and rife particularly in Paphos where despite what the department of lands and surveys website says about the valuation criteria, when one can actually access it, it is a secretive process and appears to be often based on an arbitrary value per square metre for example e1/41,300 in 2001 and e1/41,600 in 2004 per sq metre of closed space and covered veranda, instead of a balanced view based on similar properties in the area, or even expected resale value.
tau] arbitrary value [less than or equal to] [tau] lateral FGM coating [less than or equal to] [tau] lateral uncoated Ti
The key is to correct red flags that can lead the IRS to assume that the estate has used an arbitrary value or an inconsistent valuation.
The LMP8358's gain can be set to an arbitrary value using two external resistors.
Based on the discussion presented in first Section, it is required to find an alternative closed-form expression for the MGF which is simpler to use in computations and at the same time valid for any arbitrary value of fading parameter.
max] under the AFC's linear approximation can be split on n sections of arbitrary value depending on the value of this range and curvature of obtained AFC.
This same study also proposed a somewhat arbitrary value of 10% of the total range of the scale (i.
The arbitrary value of emitted DCF fluorescence intensity would reflect the extent of ROS production in THP-1 cells.
The measurements in zero applied magnetic field (only in self-field) were assigned an arbitrary value of 0.
The number may also reflect an arbitrary value such as a survey variable where male is given a code of 1 and female a 2.
SATRA measures wear resistance on the specific durability scale established from wear trials of materials against a standard soling originally assigned the arbitrary value 1.