The Definition of Mark to Market.

Mark to Market is how Enron fraudulently misrepresented their books.  

In accounting and finance, mark to market is the act of assigning a value to a position held in a financial instrument based on the current market price for the instrument or similar instruments. For example, the final value of a futures contract that expires in 9 months will not be known until it expires. If it is marked to market, for accounting purposes it is assigned the value that it would fetch in the open market currently.

This is assigning a a value without knowing what the real value is.  It is can be manipulated very easily. 

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