unrecognized initial net gain
- unrecognized initial net gain
The current unamortized balance, as of the financial statement date, of the off-balance sheet asset for the initial transition asset in a defined benefit pension plan. FAS 87 requires that this amount be disclosed in a footnote to the financial statements.
Financial and business terms.
2012.
Look at other dictionaries:
unrecognized net gain or unrecognized net loss — An off balance sheet asset or liability created under FAS 87 rules when plan assets in a defined benefit pension plan exceed or fall short of the projected benefit obligation ( PBO). The gain or loss is usually caused by actual investment returns … Financial and business terms
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