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Available Asset
(redirected from available assets)

   Also found in: Legal 0.01 sec.
Available Asset
1. An asset that is not being used as collateral on a loan and may therefore be sold or donated. In other words, an available asset is any asset with no restrictions on its use.

2. See: Liquid asset.

available asset
A person's or a firm's asset that is not being used as collateral for a loan and is therefore available for general use or for sale.


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It enabled the identification of available assets in excess of pounds 247,000, which the court ordered must be paid back.
The available assets of two houses, a gym business and cars were valued at pounds 707,200 and an order was set in this amount.
A spokesman at Valero said the company has stated previously that it would be interested in looking at available assets in Europe but he declined to comment on the report.
 
 
 
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