Dead Assets

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Dead Assets

Assets with no value that are listed on a balance sheet.
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References in periodicals archive ?
With this realization of funds from a "dead asset," a couple of options designed to protect and efficiently administer the money for long-term care expenses becomes possible.
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.
is a clear indication (that) large section of community...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.
According to Rohini Malkani, chief economist with Citi, there is likely to be an uptrend in consumption due to wage increases and households raising money against gold holdings, which is no longer a 'dead asset'.
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.
Also, gold is a dead asset and generates no return.
The council would eventually have to decide whether to hold onto a dead asset, or sell the property.