He should be making banks write down junk mortgages to reflect actual market values and the capacity to pay. (michael-hudson.com)
Certain types of assets on a balance sheet might have actual market values well above historical values. (tsinetwork.ca)
Because of the discrepancy between actual market value and an assessment that may have been made years ago, tax areas are assigned residential assessment ratios (RAR). (smartasset.com)