Economic evidence
Valuation Boundaries
ENTITY can record economic evidence without claiming that every number is accounting fair value or present corporate value.
| State | Meaning |
|---|---|
| Potential | Scenario or possible value; not a transaction. |
| Offer | Asking/bid/quoted terms; evidence of willingness, not completion. |
| Contracted | Binding consideration under an agreement, subject to its conditions. |
| Accrued | Earned/owed under the applicable accounting/contract logic. |
| Settled | Obligation completed/transferred as evidenced by settlement. |
| Realized | Economic result actually realized under the applicable definition. |
Network vs company
Total economic activity carried by ENTITY, BTG-linked rights/positions, and BTG corporate valuation are three different quantities. Transaction volume does not automatically become BTG revenue or enterprise value.
Market evidence
Repeated arm's-length transactions can strengthen price discovery, but accounting or legal valuation may still require separate professional methods and evidence.