Dead Assets

Dead Assets

Assets with no value that are listed on a balance sheet.
References in periodicals archive ?
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.
Investors who own exchange-traded products tied to gold and silver bullion, selling covered call options could be one way to convert these dead assets into income generating vehicles.
Dead assets may include stock that great grandma passed down to them decades ago with the warning to never sell or else
One of Namibia's leading entrepreneurs, Mr Harold Pupkewitz, has said on several occasions that the secret of building successful nations "is not natural resources, but highly developed human resources: the dexterity of the human hand and the ingenuity of the human mind, which change dead assets into productive resources and so enrich the nation with the necessary productivity and efficiency--the wealth creators.
Because of those on the reign or mess they are in, state-run companies except few one can count on fingertip are dead assets for the country until they are salvaged.
In a matter of months, I had managed to liquidate a large chunk of dead assets.