Inactive asset

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 sharing economy is the monetization of underused assets that are owned by service suppliers (companies or individuals) via short-run hire charges: its distinctive business pattern capitalizes on the employment of inactive assets, but while higher use of any asset raises its output (Lazaroiu et al., 2017), it also cuts down its lifetime.
Stetson said additional divestitures of inactive assets are likely.
"PDVSA is offering, on the terms of 'where they are and in their current condition,' the following tankers: Paria, Morichal, Leander, Moruy, Yarive y Paramacay," the company said in a statement, describing them as "inactive assets." The Venezuela-flagged ships were built in the 1980s.
PR 'throws away' condemned or inactive assets and out sources maintenance to save overhead charges.
MMG discussed the sale of some inactive assets at its Nov.
"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.
Further report options open for AMT, book comparisons, budgetary projection, FASB 109, form 4562, gain/loss, inactive assets, leased assets and quarterly acquisitions.
Certain factors provide indicia of a device including a plan or intent to dispose of stock or securities; presence of substantial earnings and profits; a pro-rata distribution; investment or inactive assets; and liquidation, merger, or sale of assets.