Available-for-Sale (AFS) Financial Assets
A financial asset classification for debt or equity holdings measured at fair value with specific unrealized gain or loss treatment.
AFS financial assets, control securities, noncovered securities, and Level 1, 2, and 3 asset classifications.
Accounting Classification and Fair Value Levels terms help classify the securities, issuers, vehicles, rights, liquidity profiles, and accounting labels that define an investable universe.
Use this branch when the investable set, ownership right, fair-value input, cash-equivalent status, issuer signal, or cross-border vehicle affects portfolio selection.
| Term | Use it for |
|---|---|
| Available-for-Sale (AFS) Financial Assets | A security, right, liquidity, valuation, or market-universe term used to classify eligible investments. |
| Control Securities | A term page that narrows this branch to a specific investing concept, evidence source, or decision point. |
| Level 1 Assets | A security, right, liquidity, valuation, or market-universe term used to classify eligible investments. |
| Level 2 Assets | A security, right, liquidity, valuation, or market-universe term used to classify eligible investments. |
| Level 3 Assets | A security, right, liquidity, valuation, or market-universe term used to classify eligible investments. |
| Noncovered Security | A security, right, liquidity, valuation, or market-universe term used to classify eligible investments. |
Check the security type, issuer, listing or trading venue, liquidity, rights, transfer restrictions, fair-value level, accounting classification, and whether the label affects portfolio eligibility.
This page is educational and does not recommend a specific investment strategy, security, tax treatment, or account choice.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
A financial asset classification for debt or equity holdings measured at fair value with specific unrealized gain or loss treatment.
Securities held by an issuer affiliate that may face resale restrictions because the holder can influence or control the company.
Fair value assets measured with quoted prices in active markets, typically the most observable fair-value hierarchy category.
Fair value assets measured with observable inputs other than direct quoted active-market prices, such as yield curves or comparable trades.
Level 3 assets are fair value measurements based on unobservable inputs, models, assumptions, and expanded valuation disclosure.
A security for which a broker generally is not required to report cost basis to the IRS, shifting more recordkeeping to the investor.