asset
DefinitionAny item of economic value owned by an individual or corporation, especially that which could be converted to cash. Examples are cash, securities, accounts receivable, inventory, office equipment, real estate, a car, and other property. On a balance sheet, assets are equal to the sum of liabilities, common stock, preferred stock, and retained earnings.From an accounting perspective, assets are divided into the following categories: current assets (cash and other liquid items), long-term assets (real estate, plant, equipment), prepaid and deferred assets (expenditures for future costs such as insurance, rent, interest), and intangible assets (trademarks, patents, copyrights, goodwill).
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asset is ...
... part of the Accounting, Real Estate and Investor Relations subjects.
... part of the Accounting, Real Estate and Investor Relations subjects.
... #5 on our list of the most popular terms.
... an essential investing term.
Related Terms
available assets, capital asset, Capital Asset Pricing Model, cash ratio, wasting asset, earning asset, tangible asset, hidden asset, asset-based lending, noncurrent asset and
asset appears in these other terms
asset-backed security, net quick assets, central assets account, net liquid assets, legal assets, asset management account, net tangible assets, net assets, dynamic asset allocation, total assets and
asset appears in the definitions of these other terms on BusinessDictionary.com
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