Search Elements:
- Taxonomy
- us-gaap
- Name
- FirmCommitmentNotRecognizedAtInceptionFairValueOptionMember
- Label
- Firm Commitment Not Recognized at Inception, Fair Value Option [Member]
- Period Type
- duration
- Type
- dtr-types:domainItemType
- Definition
- This element represents a firm commitment that would otherwise not be recognized at inception and that involves only financial instruments. For example, a forward purchase contract for a loan that is not readily convertible to cash is a commitment involving only financial instruments-a loan and cash-and would not otherwise be recognized because it is not a derivative instrument.