Factored Value definition
Factored Value means in relation to a Security, the current value of that Security as multiplied by its Stock Valuation Factor prevailing from time to time; for the purpose of this definition, the expression “current value” means, in relation to a Security listed in an Exchange, the price of that Security as quoted in that Exchange from time to time; where that Security is listed in 2 or more Exchanges, its current value shall be taken to be its price as from time to time quoted in the Exchange chosen by the Broker; Provided Always that where the trading in a Security (due to any reasons whatsoever) is suspended in an Exchange, the current value of that Security throughout the duration of such suspension shall be taken to be zero;
Factored Value means in relation to a Security, the current value of that Security as multiplied by its Stock Valuation
Factored Value or “trended value” means the base year value plus an annual inflation factor determined by a percentage change in the cost of living, as prescribed by the State Board of Equalization, not to exceed 2%.