FAR

(redirected from Free Asset Ratio)
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Related to Free Asset Ratio: Asset Coverage, Asset Cover

floor area ratio

The ratio of the total floor area of a building (excluding areas such as mechanical rooms or the areas of floors used exclusively for mechanical equipment) to the area of the lot on which the building is built.
References in periodicals archive ?
But it said its free asset ratio - the level of assets it has after meeting its liabilities and solvency requirements - remained strong at 13.
An assessment based on the tough new 'realistic' valuation system, gave the society a free asset ratio - a key measure of financial strength - of 26.
He added the group's free asset ratio - the level of assets remaining after liabilities and solvency margins have been met - was currently being calculated but was expected to remain at the 10pc level reported in December.
The ruling left Equitable -whose free asset ratio, or excess of assets over liabilities was always in single figures -with a pounds 1.
He added that the group's free asset ratio, which measures the level of assets an insurer has after meeting its liabilities and solvency requirements, stood at 14.
Britannic Assurance has boosted its free asset ratio to ten per cent from 6.
Britannic said its free asset ratio -a regulatory measure -now stood at 6.
However, it added that the free asset ratio - the key measure of solvency that shows how much cash a company has over and above its liabilities - was 13.