Assets


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Assets

A firm's productive resources.

Asset

In accounting, anything of value that a person or firm buys. Assets can be physical, such as real estate or stocks, a claim on debts, such as accounts receivable or liens, or a right, such as a patent. Of crucial importance to assets is their relative liquidity, or the ease with which they can be converted to cash. Liquid assets are often thought to be more useful than illiquid assets. See also: Tangible asset, Intangible asset.
References in periodicals archive ?
2006) and assets as of the date the application is signed; see www.
High-tech assets must be packaged and palletized by reverse logistics suppliers.
Put away as much as you can in your qualified plan because assets in qualified plans under ERISA are not subject to attachment.
But in that year Congress passed the Sarbanes-Oxley Act and FASB issued new accounting standards for measuring and reporting on intangible assets.
However, this results in cash being tied up in relatively unproductive assets (additional inventory).
The DAU is integrating learning assets and maintaining a continuous presence to the AT&L community via online resources like the AT&L Knowledge Sharing System (AKSS), Acquisition Community Connection (ACC), the Acker Library, the Virtual Campus, and the Continuous Learning Center (CLC).
With this in mind, all companies will benefit from determining the value of their intangible assets.
The purchasing company must assign a value to all of the tangible and intangible assets purchased and record these asset values on its balance sheet.
iii) Whether an ATRR established for specified assets may be reduced.
Generally, the current assets of accounts receivable and inventory serve as the borrowing base for a revolving credit facility that can be drawn down and repaid.
But if confidence in asset prices is maintained, through a combination of low interest rates and reassuring economic and geopolitical developments, the anticipated V-shaped recovery should proceed according to plan.
A criminal forfeiture action allows for both the seizure of assets and the arrest of the subject, but risks dissipation of assets because this action generally occurs at the conclusion of an investigation.