A decrease in the fair market value of a security that has not yet been realized through an actual sale of the security is called a(n):
A)Contingent loss
B)Realizable loss
C)Unrealized loss
D)Capitalized loss
E)Market loss

Question

Quizplus · Accepted Answer

An unrealized loss is a decrease in the fair market value of a security that has not yet been realized through an actual sale of the security.

A Decrease in the Fair Market Value of a Security