Sawbuck and the Roman numeral X (10), which formerly appeared on $10 bills. A "double sawbuck" is a twenty dollar bill. Sawbuck A sawbuck is a device for holding wood so that it may be cut into pieces. Easily made in the field from rough material, it consists of an "X" form at each end which are joined by cross bars below the intersections of the X's. The stock to be cut is placed in the V's formed above the intersections of the X's. A sawbuck is very simple to build. The five "V" sawbuck was designed with 10 vertical 2×4s,
Fair value and incomparability. The goal of this framework is to eliminate the inconsistencies between balance sheet (historical cost) numbers and income statement (fair value) numbers. Subsequently, FAS 157 was subsumed into FASB Accounting Standards Codification (ASC) Topic 820 (Fair Value Measurement), which now defines fair value as "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date." This is sometimes referred to as "exit value". In the futures market, fair value is the equilibrium price for a futures contract. This is equal to the