ZALIS GLOSSARY: asset
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
1. A resource having economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.
2. A balance sheet item representing what a firm owns.
Notes:
1. Assets are bought to increase the value of a firm or benefit the firm's operations. You can think of an asset as something that can generate cash flow, regardless of whether it's a company's manufacturing equipment or an individual's rental apartment.
2. In the context of accounting, assets are either current or fixed (non-current). Current means that the asset will be consumed within one year. Generally this includes things like cash, accounts receivable and inventory. Fixed assets are those that are expected to keep on providing benefit for more than one year, such as equipment, buildings, real estate, etc.
See also: Alternative Assets, Asset Valuation, Current Assets, Intangible Asset, Liability, Marquee Asset, Net Liquid Assets, Tangible Asset
Articles using the expression : asset in the glossary.
[Turnaround Restructuring] Billionaire Merckles Said to Seek Restructuring Loan From Banks
[Turnaround Restructuring] AIG sells Japan headquarters for $1.2 billion
[Turnaround Restructuring] The Weekend That Wall Street Died
[Turnaround Restructuring] Lehman's Chaotic Bankruptcy Filing Destroyed Billions in Value
[Turnaround Restructuring] Pilgrim’s Pride receives third waiver from lenders
[Risk & Crisis Management] Poor risk management blamed as ATB takes a $30-million hit
[Turnaround Restructuring] Bankruptcy Fees
[Risk & Crisis Management] Lehman bankrupt, Merrill Lynch snapped up
[Risk & Crisis Management] USB shuffles investment bank, beefs up risk management
[Turnaround Restructuring] Quebecor World Appoints Randy Benson Chief Restructuring Officer
[Risk & Crisis Management] Deutsche Bank May Report First Loss in Five Years on Markdowns
[Turnaround Restructuring] American Home Mortgage files for bankruptcy protection
[Turnaround Restructuring] Bally Total Fitness Reaches Agreement in Principle on Proposed Terms of a Consensual Restructuring With Holders of Senior Subordinated Notes
[Industry] Quebecor Inc. Announces First Quarter 2007 Results
[Turnaround Restructuring] Alvarez & Marsal Transaction Advisory Group Continues Expansion of National Practice
[Turnaround Restructuring] Bad news is good news: 'distressed for control' investing
[Turnaround Restructuring] Turnaround story : Development Credit Bank
[Internet | Telecom] Changes at ISM, IGDA, THQ, ELSPA & More
[Turnaround Restructuring] United Exits Bankruptcy as a Strong Competitor Committed To Continuous Improvement
[Videogame Industry] Analysts see no obvious suitors for Take-Two
[Videogame Industry] Elevation Partners’ First Investment Creates BioWare, Pandemic Partnership
[Industry] Telefonica deal set to spark rise in EU takeovers
[Videogame Industry] Vivendi's online game heroes
[Media & Multimedia] Vivendi Universal's Jump
[Industry] Marshall jobs at risk in Marconi takeover