Assets
Definition
In terme of Accounting: Assets are the entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill. The entire property owned by a person, especially a bankrupt, that can be used to settle debts. The entire property owned by a person, especially a bankrupt, that can be used to settle debts.
Related Terms Other terms related to 'Assets' starting with the letter 'A' APR, Authorized user, Appraisal Fee, Air miles, Asset case Browse by Letter » A B C D E F G H J L M N O P R S
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