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Term of the Day
total admitted assets
total acres
overall liquidity ratio
Definition
Assets
to be stated in a
company's
annual statement
and filed with state
insurance
authorities. This
statement
of assets is enforced by law. Assets are significant when governing bodies
assess
a company's
solvency
.
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Popular 'Accounting' Terms
current ratio
equity
working capital
asset
EBITDA
revenue
net income
negotiable
net profit
net worth
Related Terms
overall liquidity ratio
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