Inactive asset

(redirected from Inactive Assets)

Inactive asset

Asset not used in a productive manner at all times.

Inactive Asset

An asset that is rarely used. Examples include back-up power generators and a spare warehouse. Inactive assets can be expensive, but they help ensure the smooth operation of a business or other organization.
References in periodicals archive ?
The faster we remove these inactive assets, the faster these spaces can become productive again for St.
For example, these estimates could understate an agency's backlog because they are based on industry-standard costs, or could overstate an agency's backlog because they include inactive assets that are not essential to the agency's mission or may be demolished.
The Company has also shed inactive assets such as its Lakewood Retreat facility via sale for its debt in October 2000, and the sale of unprofitable business lines such as its health and fitness center in April 2000.
The Company has recently completed a corporate restructure to eliminate debt, divest inactive assets and to stream line its operations in order to focus on exploration and development in the mineral sector.
active and inactive assets to determine if maintenance is still being