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Asset
• He has an excess of assets over liabilities. Capital Assets or Fixed Assets = property or machinery which a company owns and uses Current Assets = assets used by a company in its ordinary work (such as materials, finished goods, cash) Frozen Assets = assets of a company which cannot be sold because someone has a claim against them Intangible Assets = assets which have a value, but which cannot be seen (such as goodwill or a patent or a trademark) Liquid Assets = cash or bills which can be quickly converted into cash Personal Assets = moveable assets which belong to a person Tangible Assets = assets which are solid (such as furniture or jewels or cash) Asset Value = value of a company calculated by adding together all its assets Asset Stripper = person who buys a company to sell its assets Asset Stripping = buying a company to sell its assets QUOTE : Many companies are discovering that a well-recognised brand name can be a priceless asset that lessens the risk of introducing a new product. (Duns Business Month) Business Dictionary Index |
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