👉 The term "outslip" is a technical term in accounting that refers to the difference between the amount of an asset or liability reported on a balance sheet and its carrying amount at fair value. This means that if an asset or liability has been recorded at a higher level than their fair value, it is considered out-of-the-money (overvalued) and should be discounted based on its true market value to arrive at the current fair value of the asset or liability. For example, let's
