Meaning of word assets

What Is an Asset?

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.

Assets are reported on a company’s balance sheet. They’re classified as current, fixed, financial, and intangible. They are bought or created to increase a firm’s value or benefit the firm’s operations.

An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses, or improve sales, regardless of whether it’s manufacturing equipment or a patent. 

Key Takeaways

  • An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.
  • Assets are reported on a company’s balance sheet.
  • They are bought or created to increase a firm’s value or benefit the firm’s operations.
  • An asset is something that may generate cash flow, reduce expenses or improve sales, regardless of whether it’s manufacturing equipment or a patent.
  • Assets can be classified as current, fixed, financial, or intangible.

Asset

Understanding Assets

An asset represents an economic resource owned or controlled by, for example, a company. An economic resource is something that may be scarce and has the ability to produce economic benefit by generating cash inflows or decreasing cash outflows.

An asset can also represent access that other individuals or firms do not have. Furthermore, a right or other type of access can be legally enforceable, which means economic resources can be used at a company’s discretion. Their use can be precluded or limited by an owner.

For something to be considered an asset, a company must possess a right to it as of the date of the company’s financial statements.

Assets can be broadly categorized into current (or short-term) assets, fixed assets, financial investments, and intangible assets.

Types of Assets

Current Assets

In accounting, some assets are referred to as current. Current assets are short-term economic resources that are expected to be converted into cash or consumed within one year. Current assets include cash and cash equivalents, accounts receivable, inventory, and various prepaid expenses.

While cash is easy to value, accountants periodically reassess the recoverability of inventory and accounts receivable. If there is evidence that a receivable might be uncollectible, it’ll be classified as impaired. Or if inventory becomes obsolete, companies may write off these assets.

Some assets are recorded on companies’ balance sheets using the concept of historical cost. Historical cost represents the original cost of the asset when purchased by a company. Historical cost can also include costs (such as delivery and set up) incurred to incorporate an asset into the company’s operations.

Fixed Assets

Fixed assets are resources with an expected life of greater than a year, such as plants, equipment, and buildings. An accounting adjustment called depreciation is made for fixed assets as they age. It allocates the cost of the asset over time. Depreciation may or may not reflect the fixed asset’s loss of earning power.

Generally accepted accounting principles (GAAP) allow depreciation under several methods. The straight-line method assumes that a fixed asset loses its value in proportion to its useful life, while the accelerated method assumes that the asset loses its value faster in its first years of use.

Financial Assets

Financial assets represent investments in the assets and securities of other institutions. Financial assets include stocks, sovereign and corporate bonds, preferred equity, and other, hybrid securities. Financial assets are valued according to the underlying security and market supply and demand.

Intangible Assets

Intangible assets are economic resources that have no physical presence. They include patents, trademarks, copyrights, and goodwill. Accounting for intangible assets differs depending on the type of asset. They can be either amortized or tested for impairment each year.

While an asset is something with economic value that’s owned or controlled by a person or company, a liability is something that is owed by a person or company. A liability could be a loan, taxes payable, or accounts payable.

What Is Considered an Asset?

When looking at an asset definition, you’ll typically find that it is something that provides a current, future, or potential economic benefit for an individual or company. An asset is, therefore, something that is owned by you or something that is owed to you. A $10 bill, a desktop computer, a chair, and a car are all assets. If you loaned money to someone, that loan is also an asset because you are owed that amount. For the person who owes it, the loan is a liability.

What Are Examples of Assets?

Personal assets can include a home, land, financial securities, jewelry, artwork, gold and silver, or your checking account. Business assets can include such things as motor vehicles, buildings, machinery, equipment, cash, and accounts receivable.

What Are Non-Physical Assets?

Non-physical or intangible assets provide an economic benefit even though you cannot physically touch them. They are an important class of assets that include things like intellectual property (e.g., patents or trademarks), contractual obligations, royalties, and goodwill. Brand equity and reputation are also examples of non-physical or intangible assets that can be quite valuable.

Is Labor an Asset?

No. Labor is the work carried out by human beings, for which they are paid in wages or a salary. Labor is distinct from assets, which are considered to be capital.

How Are Current Assets Different From Fixed (Noncurrent) Assets?

In accounting, assets are categorized by their time horizon of use. Current assets are expected to be sold or used within one year. Fixed assets, also known as noncurrent assets, are expected to be in use for longer than one year. Fixed assets are not easily liquidated. As a result, unlike current assets, fixed assets undergo depreciation.

This article is about the finance definition. For other uses, see Asset (disambiguation).

In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).[1]
The balance sheet of a firm records the monetary[2] value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.[1]

Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets.[3] Current assets include cash, inventory, accounts receivable, while fixed assets include land, buildings and equipment.[4]
Intangible assets are non-physical resources and rights that have a value to the firm because they give the firm an advantage in the marketplace. Intangible assets include goodwill, copyrights, trademarks, patents, computer programs,[4] and financial assets, including financial investments, bonds, and stocks.

Formal definitionEdit

IFRS (International Financial Reporting Standards), the most widely used financial reporting system, defines: «An asset is a present economic resource controlled by the entity as a result of past events.[5]
An economic resource is a right that has the potential to produce economic benefits.»[6]

The definition under US GAAP (Generally Accepted Accounting Principles used in the United States of America): «An asset is a present right of an entity to an economic benefit.»[7]

CharacteristicsEdit

CON 8.4[8] provides the following discussion of the nature of an asset:

E17: An asset has the following two essential characteristics:

(a) It is a present right

(b) The right is to an economic benefit.

E18:The combination of those two characteristics allows an entity to obtain the economic benefit and control others’ access to the benefit. A present right of an
entity to an economic benefit entitles the entity to the economic benefit and the ability to restrict others’ access to the benefit to which the entity is entitled.

This accounting definition of assets includes items that are not owned by an enterprise, for example a leased building (Finance lease), but excludes employees because, while they have the capacity to generate economic benefits, an employer cannot control an employee.

In economics, an Asset (economics) is any form in which wealth can be held.

There is a growing analytical interest in assets and asset forms in other social sciences too, especially in terms of how a variety of things (e.g., personality, personal data, ecosystems, etc.) can be turned into an asset.[9]

AccountingEdit

In the financial accounting sense of the term, it is not necessary to have title (a legally enforceable ownership right) to an asset. An asset may be recognized as long as the reporting entity controls the rights (economic resource) the asset represents.

The essential characteristic of control is the ability to benefit from the asset and prevent other entities from doing likewise. The IFRS conceptual framework explains (CF 4.20[10]): An entity controls an economic resource if it has the present ability to direct the use of the economic resource and obtain the economic benefits that may flow from it. Control includes the present ability to prevent other parties from directing the use of the economic resource and from obtaining the economic benefits that may flow from it. It follows that, if one party controls an economic resource, no other party controls that resource.

The accounting equation is the mathematical structure of the balance sheet. It relates assets, liabilities, and owner’s equity:

Assets = Liabilities + Equity (in financial accounting, the term equity, not Capital, is used)
Liabilities = Assets − Equity
Equity = Assets − Liabilities

Assets are reported on the balance sheet.[11] On the balance sheet, additional sub-classifications are generally required by generally accepted accounting principles (GAAP), which vary from country to country.[12] Assets can be divided into current and non-current (a.k.a. fixed or long-lived). Current assets are generally subclassified as cash and cash equivalents, receivables, inventory, and accruals (such as pre-paid expenses). Non-current assets are generally subclassified as investments (financial instruments), property, plant and equipment, intangible assets (including goodwill) and other assets (such as resources or biological assets).

Current assetsEdit

Current assets are cash and others that are expected to be converted to cash or consumed either in a year or in the operating cycle (whichever is longer), without disturbing the normal operations of a business. These assets are continually turned over in the course of a business during normal business activity. There are 5 major items included into current assets:

  1. Cash and cash equivalents – it is the most liquid asset, which includes currency, deposit accounts, and negotiable instruments (e.g., money orders, cheque, bank drafts).
  2. Short-term investments – include securities bought and held for sale in the near future to generate income on short-term price differences (trading securities)
  3. Receivables – usually reported as net of allowance for non-collectable accounts.
  4. Inventory – trading these assets is a normal business of a company. The inventory value reported on the balance sheet is usually the historical cost or fair market value, whichever is lower. This is known as the «lower of cost or market» rule.
  5. Prepaid expenses – these are expenses paid in cash and recorded as assets before they are used or consumed (common examples are insurance or office supplies). See also adjusting entries.

Marketable securities: securities that can be converted into cash quickly at a reasonable price

The phrase net current assets (also called working capital) is often used and refers to the total of current assets less the total of current liabilities.

Long-term investmentsEdit

Often referred to simply as «investments». Long-term investments are to be held for many years and are not intended to be disposed of in the near future. This group usually consists of three types of investments :

  1. Investments in securities such as bonds, common stock, or long-term notes
  2. Investments in fixed assets not used in operations (e.g., land held for sale)
  3. Investments in special funds (e.g. sinking funds or pension funds).

Different forms of insurance may also be treated as long-term investments.

Fixed assetsEdit

Also referred to as PP&E (property, plant and equipment), these are purchased for continued and long-term use to earn profit in a business. This group includes land, buildings, machinery, furniture, tools, IT equipment (e.g., laptops), and certain wasting resources (e.g., timberland and minerals). They are written off against profits over their anticipated life by charging depreciation expenses (with exception of land assets). Accumulated depreciation is shown in the face of the balance sheet or in the notes.

These are also called capital assets in management accounting.

Intangible assetsEdit

Intangible assets lack physical substance and usually are very hard to evaluate. They include patents, copyrights, franchises & licenses, goodwill, trademarks, trade names, etc. These assets are (according to US GAAP) amortized to expense over 5 to 40 years with the exception of goodwill.

Websites are treated differently in different countries and may fall under either tangible or intangible assets.

Tangible assetsEdit

Tangible assets are those that have a physical substance, such as currencies, buildings, real estate, vehicles, inventories, equipment, art collections, precious metals, rare-earth metals, Industrial metals, and crops. The physical health of tangible assets deteriorate over time. As a result, asset managers use deterioration modeling to predict the future conditions of assets.[13]

Depreciation is applied to tangible assets when those assets have an anticipated lifespan of more than one year. This process of depreciation is used instead of allocating the entire expense to one year.[14]

Tangible assets such as art, furniture, stamps, gold, wine, toys and books are recognized as an asset class in their own right.[15] Many high-net-worth individuals will seek to include these tangible assets as part of their overall asset portfolio. This has created a need for tangible asset managers.

Wasting AssetEdit

A wasting asset is an asset that irreversibly declines in value over time. This could include vehicles and machinery, and in financial markets, options contracts that continually lose time value after purchase.[16] Mines and quarries in use are wasting assets.[17] An asset classified as wasting may be treated differently for tax and other purposes than one that does not lose value; this may be accounted for by applying depreciation.

Comparison: current assets, liquid assets and absolute liquid assetsEdit

Current assets Liquid assets Absolute liquid assets
Stocks
Prepaid expenses
Bills receivable Bills receivable
Cash in hand Cash in hand Cash in hand
Cash at bank Cash at bank Cash at bank
Accrued incomes Accrued incomes Accrued incomes
Loans and advances (short term) Loans and advances (short term) Loans and advances (short term)
Trade investments (short term) Trade investments (short term) Trade investments (short term)

See alsoEdit

Look up asset in Wiktionary, the free dictionary.

  • Assets under management (AUM)

ReferencesEdit

  1. ^ a b O’Sullivan, Arthur; Sheffrin, Steven M. (2021). Economics: Principles in Action. Washington, DC: Pearson Prentice Hall. p. 271. ISBN 978-0-13-063085-8.
  2. ^ Siegel, J. G.; Dauber, N.; Shim, J. K. (2005). The Vest Pocket CPA. John Wiley & Sons. ISBN 978-0471708759. OCLC 56599007.There are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the Historical Cost is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet.
  3. ^ J. Downes, J. E. Goodman, Dictionary of Finance & Investment Terms, Barron’s Financial Guides, 2003
  4. ^ a b
    J. Downes, J. E. Goodman, Dictionary of Finance & Investment Terms, Barron’s Financial Guides, 2003; and J. G. Siegel, N. Dauber & J. K. Shim, The Vest Pocket CPA, Wiley, 2005.
  5. ^ IFRS Conceptual framework paragraph 4.3
  6. ^ «IFRS». www.ifrs.org.
  7. ^ «CON 8.4». www.fasb.org.
  8. ^ «Statement of Financial Accounting Concepts No. 8, Chapter 4».
  9. ^ Birch, Kean (2016-08-10). «Rethinking value in the bio-economy: Finance, assetization and the management of value». Science, Technology, & Human Values. 42 (3): 460–490. doi:10.1177/0162243916661633. PMC 5390941. PMID 28458406.
  10. ^ «IASB».
  11. ^ «Balance Sheet — Definition & Examples (Assets = Liabilities + Equity)». Corporate Finance Institute. Retrieved 2019-12-03.
  12. ^ Intermediate Accounting, Kieso, et al.
  13. ^ Piryonesi, Sayed Madeh (November 22, 2019). The Application of Data Analytics to Asset Management: Deterioration and Climate Change Adaptation in Ontario Roads (Thesis) – via tspace.library.utoronto.ca.
  14. ^ [citation needed]
  15. ^ Downes, John; Goodman, Jordan Elliot. Finance and Investment Handbook, Sixth Edition, Barron’s Educational Series, Inc., 2003.
  16. ^ «Wasting Asset Definition». Investopedia. Retrieved 7 June 2020.
  17. ^ «wasting». Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership required.)
ASSET
(актив) Любой предмет, материальный или нематериальный, который представляет ценность для своего владельца. В большинстве случаев это либо наличные деньги, либо то, что может быть обращено в наличные деньги; исключение составляют досрочные выплаты ренты, местного налога на недвижимость или налога на автомобиль, т.е. платежи ранее установленного срока. Материальные активы включают в себя землю, здания и сооружения, машины и оборудование, арматуру и приспособления, товарные запасы, инвестиции, дебиторскую задолженность и наличные деньги; к нематериальным активам относятся “гудвил”, патенты, авторские права и торговые марки. См. также: deferred asset (оплаченные расходы; активы будущих лет). В налогообложении реализованного прироста рыночной стоимости капитала (capital-gains tax) к активам относятся все формы имущества на территории Великобритании и за рубежом, включая опционы, дебиторские задолженности, собственность, выраженную в правах, валюту (отличную от фунтов стерлингов) и любую другую собственность, либо созданную лицом, продающим ее, либо принадлежащую ему, но не приобретенную. Однако в активы должна включаться только такая собственность, стоимость которой может быть установлена. Некоторые активы освобождаются от налога на реализованный прирост рыночной стоимости капитала (Capital-gains tax).

Финансы: Оксфордский толковый словарь. — М.: Весь Мир.
Батлер Б., Джонсон Б., Сидуэлл Г., Вуд Э., Клаттербак Б., Айзек А., Бриндли Б., Уолтерс P.M., Райт М..
1998.

Смотреть что такое «ASSET» в других словарях:

  • asset — as·set / a ˌset, sət/ n [back formation from assets, singular, sufficient property to pay debts and legacies, from Anglo French asetz, from Old French asez enough] 1: the entire property of a person, business organization, or estate that is… …   Law dictionary

  • ASSET — Un Asset est défini comme une ressource basique devant être affichée dans un Navigateur WEB. Un Asset peut être associé à des meta données. Sommaire 1 Dans un contexte de Learning management 2 Dans un contexte de gestion de configurations 3 Voir… …   Wikipédia en Français

  • Asset — (engl.) bezeichnet: Vermögen (Wirtschaft), das Vermögen, die Gesamtheit aller Güter Anlagevermögen, in einem Betrieb längerfristig eingesetzte Wirtschaftsgüter Kapitalanlage das zentrale Unternehmensfeld, die Kernkompetenz einen Inhalt (Daten,… …   Deutsch Wikipedia

  • asset — Fowler (1926) called this a ‘false form’, meaning that the true form was assets, derived from a late Anglo French word which came in turn from Latin ad satis meaning ‘to sufficiency’, while asset was the lazy writer s alternative when unwilling… …   Modern English usage

  • ASSET — Source for Software Engineering Technology kommerzieller Ableger des DARPA STARS Projekt, Verwaltungsgesellschaft des WSRD http://www.asset.com/ …   Acronyms

  • Asset — [ æsət] das; s, s <aus engl. asset »Stütze, Hilfe« zu altfr. asez (fr. assez) »genug«, dies aus vulgärlat. ad satis>: 1. Vermögenswert eines Unternehmens (Wirtsch.). 2. (meist Plur.) Besonderheit, Ergänzung, Zusatz (z. B. Bild u.… …   Das große Fremdwörterbuch

  • ASSET — Source for Software Engineering Technology kommerzieller Ableger des DARPA STARS Projekt, Verwaltungsgesellschaft des WSRD (http://www.asset.com/) …   Acronyms von A bis Z

  • asset — /ˈasset, ingl. ˈæsɛt/ [propr. «bene (economico)», dall anglo fr. assetz «(avere) a sufficienza, abbastanza»] s. m. inv. (econ.) bene …   Sinonimi e Contrari. Terza edizione

  • asset — [n1] advantage aid, benefit, blessing, boon, credit, distinction, help, resource, service, treasure; concept 661 Ant. disadvantage, liability asset(s) [n2] property or money possessed ace in the hole*, ace up sleeve*, backing, bankroll, budget,… …   New thesaurus

  • asset — [as′et] n. [earlier assets < Anglo Fr assetz (in legal phrase aver assetz, to have enough) < OFr assez, enough < VL * ad satis, sufficient < L ad, to + satis, enough: see SAD] 1. anything owned that has exchange value 2. a valuable or …   English World dictionary

  • Asset — As set, n. Any article or separable part of one s assets. [1913 Webster] …   The Collaborative International Dictionary of English

имущество, ценное качество, ценный вклад

существительное

- pl. фин. активы (баланса)

assets and liabilities — актив и пассив

- эк. имущество; достояние; средства; авуары, активы; капитал; фонды

personal assets — личное имущество, движимое имущество

- pl. юр. имущество, наследство, из которого могут быть выплачены долги; имущество несостоятельного должника
- разг. ценное качество, плюс

good health is a great asset — хорошее здоровье — большое благо
his wit is his chief asset — остроумие — это его главный козырь
beauty is her only asset — красота

Мои примеры

Словосочетания

a retired football player whose chief asset — his prodigious girth — has now become a liability — бывший игрок в (американский) футбол, главное достоинство которого — чудовищные габариты — теперь превратилось в обузу  
capital asset — основной капитал  
debt to asset ratio — отношение суммы долга к активам компании  
asset demand for money — спрос на деньги со стороны активов  
asset account — счет актива  
to enter as an asset — заносить в актив  
enter as an asset — заносить в актив  
asset acquisition — приобретение актива  
asset formation — накопление капитала/основных фондов  
asset aggregate — совокупная величина активов  
asset-liability management — управление активами и пассивами  

Примеры с переводом

The ability to motivate people is a priceless asset.

Умение мотивировать людей — это бесценное качество.

A sense of humor is a great asset in this business.

В этом деле чувство юмора — очень полезное качество.

I think Rachel would be an asset to the department.

Я думаю, что Рейчел будет ценным сотрудником нашего департамента.

The ability to adapt is a definite asset in this job.

Способность к адаптации определённо является ценным качеством для этой работы.

The state’s natural assets include mountains and beautiful lakes.

Государственные природные активы включают в себя горы и красивые озера.

Employers saw her age as a liability rather than an asset.

Работодателям её возраст казался помехой, а не ценным качеством.

The airline is a wasting asset.

Авиакомпания — это истощаемый актив.

ещё 7 примеров свернуть

Формы слова

noun
ед. ч.(singular): asset
мн. ч.(plural): assets

Meaning Assets

What does Assets mean? Here you find 149 meanings of the word Assets. You can also add a definition of Assets yourself

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things you own, even if you still owe money against them

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Assets

Property of all kinds, including real and personal, tangible and intangible.

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Assets

A firm’s productive resources.

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Assets

The positive side of a company (or other party’s) balance sheet, which includes such items as cash, accounts receivable, inventory and other items that the company or party owns or is owed.

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Assets

Items of value owned by a beef business or producer.

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Assets

Actifs

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Assets

Anything owned by a person or business that has financial value, such as a house, other real estate, cars, jewelry, and stocks and bonds.

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Assets

Assets refer to «all the available properties of every kind or possession of an insurance company that might be used to pay its debts.» There are three classifications of assets: invested as [..]

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Assets

Basically, anything you own, including your home and other real estate, bank accounts, life insurance, investments, furniture, jewelry, art, clothing, and collectibles.

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Assets

1530s, «sufficient estate,» from Anglo-French asetz (singular), from Old French assez (11c.) «sufficiency, satisfaction; compensation,» noun use of adverb meaning «enough, suf [..]

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Assets

Everything a corporation owns or that is due to it: cash, investments, money due it, materials and inventories, which are called current assets; buildings and machinery, which are known as fixed asset [..]

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Assets

Assets are items of value to a business that can be converted into cash. They can be tangible items such as factories, machinery or securities or intangible items such as goodwill, the title of a newspaper or a product’s brand name. They appear on the company’s balance sheet.

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Assets

Anything owned that has a monetary value, e.g. property, both real and personal, including notes, accounts and accrued earnings or revenues receivable and cash or its equivalent. Assets may be subdivi [..]

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Assets

n. pl. Property in general, regarded as applicable to the payment of debts.

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Assets

Weapons

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Assets

Any possessions that have value in an exchange.

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Assets

Things that are resources owned by a company and which have future economic value that can be measured and can be expressed in dollars. Examples include cash, investments, accounts receivable, invento [..]

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Assets

Items of value owned by or owed to a business. Utility assets include: Utility Plant, Other Property and Investments, Current and Accrued Assets, and Deferred Debits. Accumulated Provision for Depreciation and Amortization is usually shown as a deduction from the listed assets, but some companies show this account in the liability section.

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Assets

Items such as equities, gilts, property and cash.

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Assets

any item with measurable value.

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Assets

Everything that a person or company owns or has a right to, from which a benefit can derive. Net assets are assets in excess of liabilities. Liquid assets are assets either in the form of cash or read [..]

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Assets

Anything with positive value, meaning it could be sold — in the long or short term — and turned into cash. Assets can be physical entities, like factories, capital equipment, raw materials, or intangible, such as brand name, accounts receivable, or intellectual property

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Assets

Something of value that will provide future benefit or utility, can be used to generate revenue. Usually owned, so simply described as ‘things we own’. association executive:

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Assets

Anything of value. Any interest in real or personal property which can be appropriated for the payment of debt.

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Assets

Any personal possessions of value. This also includes cash, real estate and investments.

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Assets

1) In finance, items the company owns. This can be stock (books in the warehouse are assets), or fixed assets (eg

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Assets

another word for the investments which a unit trusts holds within its portfolio.

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Assets

Assets are all the business’s possessions The things owned by the company such as vehicles, shares, buildings, and money in the bank.

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Assets

Everything an individual or a company owns. This may include cash, securities, equipment or real estate. Assets also include anything owed to an individual or company. These are listed in a company’ [..]

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Assets

Resources owned by a company or person. Assets can be divided into a number of different categories based upon their liquidity (that is, the ease with which they can be converted to cash). The categories are current assets, investments, fixed assets and intangible assets.

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Assets

The left-hand side of the balance sheet lists all the assets

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Assets

In relation to personal finances an asset is anything of value that is owned by an individual. Examples are cash, computer equipment, cars, real estate, personal property and other investments, which [..]

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Assets

The productive resources of a firm.

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Assets

Cash in checking and savings accounts, trusts, stocks, bonds, other securities, real estate (excluding home), income-producing property, business equipment, and business inventory. Considered in deter [..]

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Assets

Everything you own that has monetary value are called your assets such as a house, a car, investments.

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Assets

Assets are tangible or intangible claims with economic value that an individual, corporation or other entity owns or controls with the expectation that it will provide future benefit.

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Assets

A liquid asset is cash, or any asset that can be quickly converted to cash without impacting the price. The most common liquid assets include most stocks, money market instruments and government bonds [..]

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Assets

Equipment used to manufacture a product, provide a service, or used to sell, store or deliver merchandise. Such equipment will not be sold in the normal course of business, but will be used and worn o [..]

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Assets

Are things you own that have a value. It may be a financial item like money, bonds, shares or a bank account or physical items such as real estate, jewellery or a car.

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Assets

It represents e​verything that the company owns and what owed to it. There are two major categories of assets: Fixed assets and current assets

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Assets

Property owned by the City which has book or appraised monetary value.

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Assets

Financial representations of economic resources owned by an organization or individual.

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Assets

Goods and claims belonging to an individual or corporation. In accounting and on a company’s balance sheet, the assets (traditionally on the lefthand side, facing the liabilities) are the entries that reflect investments made in fixed capital, other kinds of long-term assets, goods for resale, inventories (of finished goods), claims of any kind, [..]

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Assets

Resources owned by a company or person.  Assets can be divided into a number of different categories based upon their liquidity that is, the ease with which they can be converted to cash.  The categories are current assets, investments, fixed assets and intangible assets.

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Assets

Property that can be used to repay debt, such as stocks and bonds or a car

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Assets

What is owned by the organization.

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Assets

Strengths, opportunities, valuable quality or thing.

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Assets

When used as a financial term, assets mean tangible items of monetary value.

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Assets

are things you own. These can be cash or something that can be converted into cash such as property, vehicles, equipment and inventory.

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Assets

Any physical property that is owned and has a value in money. This can include cash or other items readily converted into cash, such as investments as well as real estate and land.

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Assets

(n) anything of material value or usefulness that is owned by a person or company

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Assets

Items of value owned by or owed to a business.

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Assets

A term indicating everything a company owns which has a monetary value listed on the balance sheet (cash funds, credit balances, supplies, equipment and facilities, etc.). Assets can be financial asse [..]

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Assets

Any potential target of terrorist attack, most commonly people, equipment, a building, or an outdoor venue (in whole or in part).

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Assets

Something a business owns/uses, e.g. equipment or rights to a trademark.

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Assets

things of value owned by a business. An asset may be a physical property such as a building, or an object such as a stock certificate, or it may be a right, such as the right to use a patented process [..]

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Assets

Rights/access to future economic benefits controlled by an entity.

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Assets

Assets represent what a business owns or is due. Equipment, vehicles, buildings, creditors, money in the bank, cash are all examples of the assets of a business.

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Assets

Something of value that a business owns, can access or otherwise benefits from.

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Assets

n. bienes, activo(s)

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Assets

Assets are anything tangible or intangible of economic value owned by a business or individual. In reference to securitized debt, often assets refer to specific collateral, such as credit-card receiva [..]

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Assets

Things that make up your (or your family’s) financial worth — valuable possessions that can be used to pay back your loan. This can include real estate, stocks, bonds, cash savings and college savings plans.  

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Assets

All property that holds a cash value.

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Assets

Things you own.

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Assets

An organisation’s assets (patrimony, property or possessions) are everything that is valuable to it or, in other words, everything that makes the organisation more valuable or everything that wou [..]

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Assets

Personal possessions of value, including cash, properties and investments.

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Assets

All funds, property, goods, securities, rights of action, or resources of any kind owned by an insurance company. Statutory accounting, however, excludes non-admitted assets, such as deferred or overd [..]

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Assets

Property owned, in this case by an insurance company, including stocks, bonds, and real estate. Insurance accounting is concerned with solvency and the ability to pay claims. State insurance laws ther [..]

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Assets

Insurance company assets refer to «all the available properties of every kind or possession of an insurance company that might be used to pay its debts.» There are three classifications of assets: invested assets, all other assets, and total admitted assets. Invested assets refer to things such as bonds, stocks, cash and income-producing [..]

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Assets

Anything of value that is owned by an individual, corporation, or other business. Includes prepaid expenses and intangibles such as patents and goodwill, as well as land, buildings, raw materials, and [..]

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Assets

Assets refer to «all the available properties of every kind or possession of an insurance company that might be used to pay its debts.» There are three classifications of assets: invested assets, all other assets, and total admitted assets. Invested assets refer to things such as bonds, stocks, cash and income-producing real estate. All [..]

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Assets

Assets refer to “all the available properties of every kind or possession of an insurance company that may be used to pay its debts.” There are three classifications of assets: invested assets, al [..]

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Assets

Property owned, in this case by an insurance company, including stocks, bonds, and real estate. Insurance accounting is concerned with solvency and the insurer’s ability to pay claims. State insuran [..]

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Assets

A report made by a physician who has treated, or is treating, an individual seeking insurance, to the insurance company.

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Assets

Property owned, in this case by an insurance company, including stocks, bonds and real estate. Insurance accounting is concerned with solvency and the ability to pay claims. State insurance laws there [..]

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Assets

What you own or can call upon.

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Assets

Anything having commercial or exchange value that is owned by a business, government, institution, or individual. This can include stocks, bonds, real estate, equipment, a brand name, or the value of a company as an operating business, sometimes known as goodwill.

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Assets

All of the property owned by a carrier.  

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Assets

Property owned, in this case by an insurance company, including stocks, bonds and real estate. Insurance accounting is concerned with solvency and the ability to pay claims. State insurance laws there [..]

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Assets

Assets refer to “all the available properties of every kind or possession of an insurance company that might be used to pay its debts.” There are three classifications of assets: invested assets, all other assets, and total admitted assets. Invested assets refer to things such as bonds, stocks, cash and income-producing real estate. All other a [..]

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Assets

Property owned, in this case by an insurance company, including stocks, bonds and real estate. Insurance accounting is concerned with solvency and the ability to pay claims. State insurance laws there [..]

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Assets

The items on the balance sheet of the insurer which show the book value of property owned. Under state regulations, not all property or other resources can be admitted in the statement of the insurer. [..]

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Assets

all real or intellectual property owned by the enterprise that has a positive financial value.

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Assets

The assets of a company are items physically owned by the organisation and range in the form of liquidity. Physical cash or in a bank account is the most liquid while a building is the least liquid. A [..]

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Assets

Property owned, in this case by an insurance company, including stocks, bonds, and real estate. Insurance accounting is concerned with solvency and the ability to pay claims. State insurance laws ther [..]

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Assets

A catch-all term referring to all materials needed to successfully complete a project. In terms of web design and development, “assets” typically refer to the text content, graphics, photographs, [..]

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Assets

The investments and cash held by an investment trust company.

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Assets

Property of all kinds, including real and personal, tangible and intangible.

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Assets

Anything owned or controlled that has value, but usually, for an investment company, it refers to equities, bonds and cash. The underlying assets of an investment company will vary depending on the company’s objective.

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Assets

things you own, such as property, land, shares, bank deposits, jewellery, clothes, and so on

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Assets

An asset is any entity within the system that can be used to generate content. For ease of classification, assets are divided into several different groups:

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Assets

Anything owned by an individual or business having a monetary value (usually its cost or fair market value). An asset may include: a home, registered plans, mutual funds, stocks, etc.

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Assets

 Property of all kinds, including real and personal, tangible and intangible.

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Assets

Plan assets refer to the property of the pension fund, primarily comprised of the fair value of its investments.

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Assets

the investments held by an investment fund.

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Assets

Things that have earning power or some other value to their owner. Fixed assets (also known as long-term assets) are things that have a useful life of more than one year, for example buildings and mac [..]

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Assets

Items of economic value, such as cash, securities, accounts receivable, inventory, office equipment, a house, a car or other property. On a balance sheet, assets are equal to the sum of liabilities an [..]

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Assets

The art and design resources that comprise the game design.

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Assets

Things you own which have financial value, like a house or a car.

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Assets

Items an individual owns that have a monetary value, such as cash, real estate, stocks, bonds, etc.

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Assets

Things that you own which have value in financial terms.

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Assets

Items of monetary value (e.g., house, land, car), owned by an individual or a company.

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Assets

Financial holdings such as cash in checking and savings accounts, stocks, bonds, trusts and other securities, loan receivables, home and other real estate equity, business equipment, and business inventory.

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Assets

Resources with present service capacity that the government presently controls as a result of past transactions or events. These resources can be tangible or intangible.

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Assets

What a firm or individual owns.

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Assets

Any items a retailer owns with a monetary value.

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Assets

Something of value that will provide future benefit or utility; can be used to generate revenue. Usually owned, so simply described as ‘things we own’.

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Assets

any possession with monetary value.

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Assets

property, inventory or stock, plant, money, etc. owned by a company.

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Assets

Tangible or intangible items owned by USAID that would have probable economic benefits that can be obtained or controlled by a USAID entity (source: SFFAS 6) (USAID Automated Directives System — ADS — [..]

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Assets

Anything of value owned by a person or business (can also include money owed to a person or business). Related Topics Why Budget? Consumer Debt Insurance Avoiding Fraud & Schemes Advance Planning Documents

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Assets

An assets is a store of value representing a benefit or series of benefits accruing to the economic owner by holding or using the entity over a period of time. It is a means of carrying forward value [..]

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Assets

Property owned, in this case by an insurance company, including stocks, bonds, and real estate. Insurance accounting is concerned with solvency and the ability to pay claims. State insurance laws ther [..]

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Assets

Money, property or goods owned.

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Assets

The computing infrastructure and supporting systems of a Web site, including hardware, software, knowledge, and content (databases, articles, and graphic elements) are referred to as assets.

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Assets

  Something of value that will provide future benefit or utility, can be used to generate revenue. Usually owned, so simply described as ‘things we own’.  

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Assets

Cash on hand in checking and savings accounts, trust, stocks, bonds or other securities, real estate, income-producing property, business equipment and business inventory.

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Assets

Cash on hand in checking and savings accounts; trusts, stocks, bonds, other securities (excluding retirement accounts and primary residence); real estate, income-producing property, business equipment, and business inventory. Considered in determining Expected Family Contribution (EFC) under the regular formula or an institutional eligibility test.

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Assets

The amount a family has in savings and investments. This includes savings and checking accounts; a business; a farm or other real estate; and stocks, bonds, and trust funds. Cars are not considered as [..]

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Assets

Cash in bank accounts, trusts, stocks, bonds, securities, income-producing property, real estate (not including home), business equipment, and business inventory. Used to determine expected family con [..]

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Assets

an item of value, such as home equity, other real estate, stocks, bonds, cash savings, trust funds, money market funds, college savings plans, retirement plans and prepaid tuition plans (the FAFSA does not ask you report home equity or retirement plan assets).

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Assets

cash on hand in checking and savings accounts, trust, stocks, bonds or other securities, real estate, income-producing property, business equipment and business inventory. 

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Assets

 Cash on hand in checking and savings accounts; trusts, stocks, bonds, other securities; real estate (excluding home), income-producing property, business equipment, and business inventory. Considered in determining Expected Family Contribution (EFC).

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Assets

 an item of value, such as home equity, other real estate, stocks, bonds, cash savings, trust funds, money market funds, college savings plans, retirement plans and prepaid tuition plans (the FAFSA d [..]

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Assets

Cash, stocks, bonds, real estate, or other holdings of a foundation. Generally, assets are invested and the income is used to make grants. (see Payout Requirement

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Assets

Cash on hand in checking and savings accounts; trusts, stocks, bonds, other securities; real estate (excluding the home you live in), income-producing property, business equipment, and business invent [..]

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Assets

For federal financial aid purposes, assets are things such as cash, savings and checking accounts, as well as investments including stocks, bonds and real estate (other than the home you live in or a [..]

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Assets

Cash in checking and savings accounts, trusts, stocks, bonds, other securities, real estate (excluding primary residence), income-producing property, business equipment, and business inventory. Consid [..]

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Assets

The amount a family has in non-retirement savings and investments. This includes savings and checking accounts; a business; a farm or other real estate; and stocks, bonds, and trust funds. Cars are not considered assets, nor are such possessions as stamp collections or jewelry. The net value of the principal home is counted as an asset by some coll [..]

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Assets

 Tangible or intangible things that allow a firm to produce goods or services.

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Assets

The following are considered assets: bonds, checking and savings accounts, stocks, trusts, other securities, real estate (this does not include your home), income property, business equipment, and inv [..]

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Assets

                                                                                                     [..]

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Assets

Cash on hand in checking and savings accounts, trusts, stocks, bonds, other securities, real estate, home equity, income-producing property, business equipment, and business inventory. Considered in determining expected family contribution.

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Assets

Anything that belongs to the debtor that may be used to pay his/her debts.

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Assets

Assets are anything of value owned by the company. This can be tangible items such as property, vehicles, cash in hand or bank balances and shares. Assets also intangible such as Goodwill or intellect [..]

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Assets

 : Anything that belongs to the debtor that may be used to pay his/her debts.

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Assets

Anything that belongs to the debtor that may be realised in order to pay his/her debt.

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Assets

A resource controlled by an entity as a result of past events; and from which future economic benefits are expected to flow to the entity. Anything tangible or intangible that is capable of being owne [..]

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Assets

Any possessions that has value in an exchange.

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Assets

Assets refers to the property owned by the company such as cash, equipment, land, technology etc.

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Assets

Any possessions that has value in an exchange.

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Assets

Any item of monetary value owned by an individual or corporation. Companies have two basic types of assets: tangible and intangible. Tangible assets include equipment, inventory, and real property. Intangible assets include goodwill (the value of the company’s name in the market), patents and other intellectual property that are owned by a com [..]

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Assets

A firm’s productive resources.

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Assets

Assets refer to «all the available properties of every kind or possession of an insurance company that might be used to pay its debts.» There are three classifications of assets: invested as [..]

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Assets

Anything of value which is owned by an individual, company, organisation, etc.

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Assets

Resources controlled by an enterprise as a result of past events and from which future economic benefits to the enterprise are expected to flow.

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Assets

Anything of value which may be tangible or intangibe. Any interest in real or personal property which can be appropriated for the payment of debt. The Financial Accounting Standards Board (FASB) describes an asset as having three essential characteristics: (a) it embodies a probable [..]

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Assets

Things that provide income or some other value to their owner.Fixed assets (also known as long-term assets) are things that have a useful life of more than one year, for example buildings and machiner [..]

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Assets

An item of current or future economic benefit to an organization. Examples include: cash, short-term investments, accounts receivable, grants receivable, inventories, prepaid expenses, buildings, furniture, equipment, vehicles, and long-term investments.

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noun

a useful and desirable thing or quality: Organizational ability is an asset.

a single item of ownership having exchange value: Our summer home is an asset we’re not willing to sell.

(in intelligence) a person followed or spied upon to obtain information: as a participant in an operation, an asset may be consenting, forced, as by blackmail, or unaware of being used: It was a catalog of virtually every CIA asset within the Soviet Union.Compare confidential informant.

Digital Technology. one of the media components that, taken together, comprise all of the elements of a video game, such as the environments, objects, character art and animation, and sound design: All of the game assets are downloaded to your hard drive during the install, so slow load times are local and indicate a problem with your drive.

assets. See entry at assets.

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Origin of asset

First recorded in 1525–35; back formation from assets, in phrase have assets, literally, “have enough (to pay obligations),” from Anglo-French, Old French asez “enough,” from unattested Vulgar Latin ad satis “to sufficiency”; see also assai1

OTHER WORDS FROM asset

as·set·less, adjective

Words nearby asset

assessed value, assessing, assessment, assessment arrangements, assessor, asset, asset-backed fund, assets, asset-stripping, asset value, asseverate

Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Words related to asset

How to use asset in a sentence

  • A rising China can be a significant asset for the region and the world, and selfishly, for the United States.

  • However, search bars are a valuable asset that can increase internal sessions and conversion.

  • It helps establish your company as an entity, which in itself is a great asset to your SEO.

  • At the same time, they have all but stopped lending money for the higher-end properties worth too much for the government to accept, suggesting that the banks are knowingly passing climate liabilities along to taxpayers as stranded assets.

  • The emphasis has shifted away from obsessing over consistency of tone and protecting brand assets.

  • First, his credentials: He did international mergers and acquisitions at Lazard, a financial and asset management firm.

  • What had been the greatest asset of the paperback revolution,” observes Rabinowitz, “became its greatest danger.

  • Its biggest asset, of course, is the steely Atwell, who never asks you to feel sorry for Carter despite all the sexism around her.

  • Perhaps one of the most egregious examples is the abuse of civil asset forfeiture laws.

  • At the same time she became an accomplished social and political asset to her boss.

  • In such incompetent hands the malt business soon fell to be a liability rather than an asset.

  • In an army thoroughly disorganised a good draughtsman with an eye for country was no despicable asset.

  • But that he did not count an asset, because he had not himself taken account of this new capital.

  • The whole thing wasn’t any bigger an asset than a job as a section hand on the U P.

  • Getting out the Standing Room Only sign is always an asset for future entertainments.

British Dictionary definitions for asset


noun

anything valuable or usefulexperience is their main asset See also assets

Word Origin for asset

C19: back formation from assets

Collins English Dictionary — Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for asset


A possession that can be turned into cash to cover liabilities.

notes for asset

Commonly, the term denotes anything of value.

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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