THE EVALUATION OF FINANCIAL INSTRUMENTS

                  PhD student Marian Florin Aitai, aitaim@cjalba.ro
                               Alba County Council


        Summary: The paper aims to present the initial and subsequent evaluation of the
financial instruments; definition of the four categories of financial assets. Regarding the
evaluation techniques, these must take into account the hypothesis that the market
participants will use regarding the rate of the foresee payments, the rates of the losses
from loans, the interest and the discount rates.

       Keywords: financial instruments; evaluation techniques, financial assets

       JEL codes: G10, G12