Mark to Market

The value of assets (typically goods) derived from their market value rather than their historic value often ascertained by reference to a specified market (eg London Metals Exchange (LME), New York Mercantile Exchange (NYMEX), Shanghai Futures Exchange (SHFE) etc) or index (eg Metal Bulletin in respect of non-ferrous metals and steel markets), Platts (in respect of energy, petrochemicals and metals) etc). Particularly relevant to Borrowing Base Finance.

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