Outrageously Funny Word Dictionary :: Revalued

👉 Revaluation refers to a change in value of an asset or financial instrument, typically for accounting purposes. It is a process by which a company's financial statements are adjusted to reflect changes in their intrinsic value (or fair market value) due to events such as inflation, interest rate changes, or changes in the economic environment. Revaluation can be done on a single item of property and equipment, or across multiple items if the assets have been acquired together.

revalued