1. Gains and losses from changes in fair value refer to gains or losses that should be included in current profits and losses due to changes in the fair value of investment real estate, debt restructuring, non-monetary exchange, transactional financial assets and other assets, that is, the difference between fair value and book value.
2. The principle of loss compensation is the core principle of property insurance. It means that in property insurance, when an insurance accident leads to the economic loss of the insured, the insurance company will compensate the insured for the economic loss, so as to restore it to the economic state before the insurance accident. The principle of loss compensation includes two meanings: first, there is compensation for losses, and second, there is compensation for losses. Adhering to the principle of loss compensation can protect the interests of the insured on the one hand, and prevent the insured from obtaining additional benefits through compensation on the other hand, thus avoiding the occurrence of moral hazard. When implementing the principle of loss compensation, it should be noted that the compensation amount of an insurance company is limited to the lowest of the actual loss, the insured amount and the insured interest.
Profit and loss, that is, losses and gains, are also called financial achievements, profits or losses of enterprises. The profit and loss of the securities business department refers to the profit and loss formed after various financial revenues offset various financial expenditures in the course of business operation. In a certain period of time, the difference between operating income and operating expenses is the final result of the operation of the sales department. Income exceeds expenditure, which is the net profit of the sales department; On the contrary, it is a pure loss. The profit and loss of the business department reflects the benefits of all aspects of its business activities, is its final financial achievement, and is also an important indicator to measure its management. Profit and loss subjects include income category and expense category. The acquisition of income and the occurrence of expenses will eventually lead to the change of owners' equity. The increase of income is a factor to increase the owner's equity, and the increase of expenses is a factor to decrease the owner's equity.
Substitution profit and loss refers to the difference between the actual purchase cost of the substituted stock and the valuation on the subscription date or the difference between the calculation date of compulsory refund and the valuation on the subscription date when the investor purchases the fund by cash substitution.
1. Gains and losses from changes in fair value refer to gains or losses that should be included in current profits and losses due to changes in the fair value of investment real estate, debt restructuring, non-monetary exchange, transactional financial assets and other assets, that is, the difference between fair value and book value.
2. The principle of loss compensation is the core principle of property insurance. It means that in property insurance, when an insurance accident leads to the economic loss of the insured, the insurance company will compensate the insured for the economic loss, so as to restore it to the economic state before the insurance accident. The principle of loss compensation includes two meanings: first, there is compensation for losses, and second, there is compensation for losses. Adhering to the principle of loss compensation can protect the interests of the insured on the one hand, and prevent the insured from obtaining additional benefits through compensation on the other hand, thus avoiding the occurrence of moral hazard. When implementing the principle of loss compensation, it should be noted that the compensation amount of an insurance company is limited to the lowest of the actual loss, the insured amount and the insured interest.
Profit and loss, that is, losses and gains, are also called financial achievements, profits or losses of enterprises. The profit and loss of the securities business department refers to the profit and loss formed after various financial revenues offset various financial expenditures in the course of business operation. In a certain period of time, the difference between operating income and operating expenses is the final result of the operation of the sales department. Income exceeds expenditure, which is the net profit of the sales department; On the contrary, it is a pure loss. The profit and loss of the business department reflects the benefits of all aspects of its business activities, is its final financial achievement, and is also an important indicator to measure its management. Profit and loss subjects include income category and expense category. The acquisition of income and the occurrence of expenses will eventually lead to the change of owners' equity. The increase of income is a factor to increase the owner's equity, and the increase of expenses is a factor to decrease the owner's equity.