Amortised Cost Adjustment definition
Amortised Cost Adjustment means the difference between the current balance of the loans in the portfolio and their carrying value for accounting purposes determined on the amortised cost basis, as defined in International Financial Reporting Standards applicable at the time of the Closing Date, the measurement and recognition criteria of which are applied by the Issuer in accordance with UK GAAP on the Closing Date;
Amortised Cost Adjustment means the difference between the current balance of the loans in the portfolio and their carrying value for accounting purposes determined on the
Examples of Amortised Cost Adjustment in a sentence
For the avoidance of doubt, no Amortised Cost Adjustment Amount shall ever be debited from the Principal Ledger or the Retained Principal Ledger.