FRS 26 Adjustment definition
FRS 26 Adjustment means the postings required to adjust the carrying value of a mortgage to that calculated under the "amortised cost basis" (as defined by Financial Reporting Standard 26 under UK GAAP) and as calculated by the Administrator on the relevant Purchase Date.
FRS 26 Adjustment means the postings required to adjust the carrying volume of a mortgage to that calculated under the "amortised cost basis"(as defined Financial Reporting Standard 26 under UK GAAP) and as calculated by MTL on the Sale Date;