lower-of-cost-or-market
The accounting rule that requires assets to be valued at either the lower of their historical cost or their current replacement cost. [...]
local generally accepted accounting principles
The national accounting standards of a country, such as German, UK or US GAAP. [...]
going-concern value
The liquidation value of its assets plus any amount by which the assets’ reported value (i.e., book value) exceeds their liquidation value. [...]
