Dead Assets

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Dead Assets

Assets with no value that are listed on a balance sheet.
References in periodicals archive ?
He explained that gold was a dead asset because it did not generate any profit unless its value went up.
The camp is currently worse than a dead asset - maintaining its buildings costs $250,000 a year.
It mainly deals in eSourcing, Supplier Identification, End to End Supply Chain Management, MRO Process Outsourcing, and Dead Asset Liquidation.
Gold is a dead asset," Chidambaram told reporters in New Delhi.
want (to) investment in dead asset only with expectation that value would appreciate", Finance Minister Pranab Mukherjee said while speaking at a function in Mumbai last week.
Redcar MP Vera Baird said: "The site would never have re-opened under Corus' ownership, so it's good that they're making some money by getting rid of a dead asset.
The council would eventually have to decide whether to hold onto a dead asset, or sell the property.
2-acre property and its 73-year-old grandstand, which has been a dead asset since the Eugene Emeralds baseball team departed for the University of Oregon's new PK Park two years ago.
The main post office became a partially dead asset for the USPS three decades ago, when a new mail sorting facility opened in Springfield's Gateway area.
The report added that the banks have invited bids from asset reconstruction companies (ARCs), banks, non-banking financial companies (NBFCs) and financial institutions (FIs) to clear these dead assets.