Mark to market (MTM) is a measure of the fair value of accounts that can change over time, such as assets and liabilities. Mark to market aims to provide a realistic appraisal of an institution's or company's current financial situation.
The accounting act of recording the price or value of a security, portfolio or account to reflect its current market value rather than its book value.
When the net asset value (NAV) of a mutual fund is valued based on the most current market valuation.
