The estate and financial affairs. May include house and land, car, snowmachines, furniture, cash, Alaska Permanent Fund Dividend, Native Dividends and Land, investment stocks and bonds, valuables, art, furs, jewelry, Native art and crafts.
Cash on hand in checking and savings accounts; trusts, stocks, bonds, other securities; real estate (excluding home), income-producing property, business equipment, and business inventory. Considered in determining Expected Family Contribution (EFC) under the regular formula.
Any item of monetary value owned by an individual or corporation. Companies have two basic types of assets: tangible and intangible. Tangible assets include equipment, inventory, and real property. Intangible assets include goodwill (the value of the company's name in the market), patents and other intellectual property that are owned by a company and given financial value in the company's balance sheet. With mutual funds, total assets are recorded in millions of dollars and represent the fund's total asset base, net of fees and expenses.
Cash on hand â€“ savings, trusts, stocks, bonds, other securities such as real estate, income-producing property, business equipment, and business inventory. Assets are used to determine expected family contribution (EFC).
Physical and non-physical items of value that an agency owns and/or controls, and that are used in the delivery of services. Examples include buildings, x-ray machines, school laboratory equipment and computer hardware and software.
The items of value owned by an individual or a company. Examples of assets include cash, computer equipment, investments, buildings, furniture, and land. See also intangible assets and tangible assets. TO TOP
Presented in the balance sheet, they include: Tangible Assets i.e. cash and cash equivalents, receivables, fixed assets (plant & equipment), inventory (stock) and other assets, as well as Intangible Assets such as technological expertise, and brand equity and intellectual property.
valuable property and things which are owned by an entity, company, business, or an individual.Assets can be encumbered with the debt or not.They are generally used when determining credit worthiness and equity.When you buy a foreclosed home, you add to your assets.
Anything of value in the possession of the farm or claims of the farm on anything of value in the possession of others. May be classified as current assets or fixed assets. Backward induction The procedure followed in solving a risky decision problem depicted as a decision tree.
can be either financial or non-financial. Financial assets include monetary gold, bank deposits, IMF Special Drawing Rights. Loans granted bonds, shares, accounts receivable, and the value of the government's stake in public corporations. Non-financial assets consist of fixed capital (such as buildings and vehicles); stock, land and valuables.
Assets is the term that refers to the total valuation of your investments, property owned, and liquid cash available to you. Assets and the term "financial worth" are used interchangeably. You might base how much life insurance you purchase on your assets, and that relationship might actually be an inverse one, i.e., the more assets you have, the less life insurance you might need to purchase.
Cash or non-cash item that can be converted to cash. Under most federally and state funded housing programs, the income from an asset, either actual or imputed, is included in a family's total household income.
used to determine if a person is eligible for Low Income Subsidy. Assets used include bank accounts, stock accounts, real estate, homes and cars. A primary residence and one car are not included. Assets of both spouses, if married and living in the same household, will be added together to determine eligibility for extra help. The same is true in determining the value of income.
Everything that an individual owns, including cash and cash equivalents, invested assets and use assets. Cash and cash equivalents include checking accounts, savings accounts, money market accounts, and the cash value of life insurance. Invested assets include the money invested in stock market, mutual funds, and retirement portfolios that include individual retirement accounts. Use assets include real estate, personal property, automobiles and other things an individual may own.
Everything that a person or company owns or has a right to, from which a benefit can derive. Net assets are assets in excess of liabilities. Liquid assets are assets either in the form of cash or readily convertible into cash.
has monetary value; can be sold for money or is money. Real Property - this is real estate such as houses or land. Personal Property - everything other than real estate (cash, bank accounts, stock, furniture, etc.)
Savings and checking accounts; value of home, business, farm or other real estate; stocks, bonds, and trust funds. Cars are not considered as assets, nor are such possessions as stamp collections or jewelry.
Cash on hand (NOT earmarked for monthly bills) in checking and savings accounts, trust, stocks, bonds, other securities, real estate, home (if owned), income-producing property, business equipment, and business inventory.
Assets are tangible or intangible things that include, but are not limited to, information in all forms as well as media, networks, systems, materiel, real property, financial resources, employee trust, public confidence and international reputation.
Everything a company or person owns, including money, securities, equipment and real estate. Assets include everything that is owed to the company or person. Assets are listed on a company's balance sheet or an individual's net worth statement.
The items and property owned or controlled by an individual or business that have commercial or exchange value. Items may also include claims against others. All assets are reported on a balance sheet at market or cost value less accumulated depreciation.
These represent the entities that a company keeps. For example plant and machinery, buildings, land etc., which are described as fixed assets. Also on the balance sheet are 'current assets' which are entities such as cash on hand, stock in trade and debtors.
Any property with monetary value. Common types are cash, bank accounts, homes, land, stocks, bonds and other investments. Cars, boats, jewelry, etc. may also be considered. College financial aid offices consider family assets in determining financial aid eligibility.
Assets are any property owned by you or your business. Tangible assets can include money, land, buildings, and investments amongst others. Intangible assets, such as goodwill, are also considered to be assets.
Property you own that the government may review when you apply for assistance. For help with a Medicare drug plan's costs, the government counts cash or any property that can be turned into cash within 20 days. This includes checking and savings accounts, certificates of deposit, IRAs and 401(k)s, stocks, bonds, and similar items. It does not include your primary home or certain property related to burial expenses. It does include a second home.
Current assets: include cash, debtors, stock and investments Fixed assets: include land, buildings and machinery Intangible assets: include goodwill, trademarks, patents Liquid assets: assets which can be quickly converted to cash
Generally, an asset is something that is of value to a company . An asset can then be broken down further into tangible and intangible assets. Examples of tangible assets include property, vehicles, stock, cash, and money held in the bank. Examples of intangible assets include patents, copyrights, trademarks and goodwill. While these may not have value to the man on the street, these generate income for the company.
Everything companies own. These can be tangible assets, such as buildings, vehicles, inventories, equipment and cash, or intangible assets, such as goodwill, trademarks and patents. Listed as a separate category in the consolidated financial statement. See also accounts receivable, current (short-term) assets, fixed (long-term) assets, fixed tangible assets, non-current assets.
The main sense in which the term asset is used is to describe anything owned by an individual or business which has a monetary value. Some assets are relatively easy to measure - debtors, cash, stock (More)
Assets are what is being protected and distributed by your trust. An asset can be cash, property, investments, bonds, stocks, cars; anything of value can be considered an asset and protected/distributed by the terms in the trust agreement.
All property and resources owned by the foundation - i.e. cash, securities investments, real estate, certain irrevocable remainder, trust remainder interests, etc. - that are held for the future benefit of the foundation and its work.
Assets are every form of property that the debtor owns. They include such intangible things as business goodwill; the right to sue someone; or stock options. The debtor must disclose all of his assets in the bankruptcy schedules; exemptions remove the exempt assets from property of the estate.
All funds, property, goods, securities, rights of action, or resources of any kind owned by an insurance company. Statutory accounting, however, excludes non-admitted assets, such as deferred or overdue premiums, that would be considered assets under Generally Accepted Accounting Principles.
Anything of value owned by or under the control of an individual or business. For the nonprofit, one of the most durable of assets is the intelligence and experience represented on the board and among the management, staff and advisors.
Property or resources which have a monetary value. For example, cash on hand in checking and savings accounts, trust, stocks, bonds, and other securities, real estate, income-producing property, business equipment, and business inventory are considered assets.
Everything owned by a company, including items that are owned. Current assets include cash, investments, money due, materials and inventories. Fixed assets include land, buildings and machinery. Intangible assets include goodwill.
The tangible and intangible 'possessions' of a company that have a price value. Tangible assets, which can normally produce cash quickly, include securities, accounts receivable, cash, inventory, office equipment and real estate property. Intangible assets include goodwill, brand, trademark, franchise and intellectual property rights.
When calculating the Expected Family Contribution (EFC), all assets are considered, including: bonds, checking and savings accounts, stocks, trusts, other securities, real estate (this does not include a person's home), income, business equipment, and inventory.
(1) All of the property owned by a carrier. (2) The items on the balance sheet of the insurer that show the book value of property owned. Under state regulations, not all property or other resources can be admitted on the statement of the insurer. This gives rise to the term "non-admitted assets." (Examples would be furniture, fixtures, agents' debt balances and accounts receivable that are over 90 days old.)
Savings and checking accounts, the value of a business, stocks, bonds, real estate, trust funds, and so on. Cars are not considered assets, nor are retirement accounts or personal possessions such as stamp collections or musical instruments.
things of value owned by a business. An asset may be a physical property such as a building, or an object such as a stock certificate, or it may be a right, such as the right to use a patented process.
Things that have a value to an RSL and which can be expressed in money terms. â€˜Fixed assetsâ€™ cannot be readily converted into cash, such as properties which take time to sell, and which will benefit the organisation for more than one year. Current assets includes cash and bank balances and those assets which are readily convertible into cash e.g. debts due to the RSL.
are resources that are owned by the firm which help earn profits. Many times, assets are buildings, machinery, inventory, or other resources a company owns or holds. Assets are listed on the Balance Sheet. Remember that assets are not always tangible - something material that can be physically held. For example, accounts receivable is an asset, but it is not something tangible.
The items you own. You don't have to own something "free and clear" for it to be considered an asset. Say you have a house, on which you owe money to a bank or mortgage company. The amount you owe is considered a liability; the amount you've already paid off is an asset.
"Items of value owned by an individual. Assets that can be quickly converted into cash are considered ""liquid assets."" These include bank accounts, stocks, bonds, mutual funds, and so on. Other assets include real estate, personal property, and debts owed to an individual by others."
Property and possessions that have a calculable money value, in particular to be set against future commitments, or costs/debts incurred by an organisation. This might be anything from a building that is owned by a cultural organisation to copyrights or reproduction rights on what the organisation has produced.
Anything companies own. These things might be physical assets such as buildings, trucks, inventories of products, equipment and cash. Or these things might be intangible assets such as goodwill, trademarks and patents. Listed as a category on the statement of financial position. See also accounts receivable, current assets, fixed assets, noncurrent assets.
Assets represent what a business owns or is due. Equipment, vehicles, buildings, creditors, money in the bank, cash are all examples of the assets of a business. Typical breakdown includes 'Fixed assets', 'Current assets' and 'non-current assets'. Fixed refers to equipment, buildings, plant, vehicles etc. Current refers to cash, money in the bank, debtors etc. Non-current refers to any assets which do not easily fit into the previous categories (such as Deferred expenditure ).
Anything owned that has a monetary value, e.g. property, both real and personal, including notes, accounts and accrued earnings or revenue s receivable and cash or its equivalent. Assets may be subdivided into current, fixed, etc. [D02441] PMDT Property: real, i.e. physical; or intangible, i.e. knowledge, system s, or practice [D04322] MEMOPT
Assets refer to "all the available properties of every kind or possession of an insurance company that may be used to pay its debts." There are three classifications of assets: invested assets, all other assets, and total admitted assets. Invested Assets refer to things such as bonds, stocks, cash, and income-producing real estate. All other assets refer to non-income producing possessions such as the building the company is in, office furniture, and debts owed (usually in the form of deferred and unpaid premiums.) Total Admitted Assets refer to everything a company owns. All other + invested assets = Total Admitted Assets. Some states by law do not permit insurance companies to claim certain goods and possessions, such as deferred and unpaid premiums, in the all other assets category, declaring them "nonadmissable." Authorized under Federal Products Liability Risk Retention Act (Risk Retention Groups) - Indicates companies operating under the Federal Products Liability Risk Retention Act of 1981 and the Liability Risk Retention Act of 1986.
The items on the balance sheet of the insurer which show the book value of property owned. Under state regulations, not all property or other resources can be admitted in the statement of the insurer. This gives rise to the term "nonadmitted assets." See also Nonadmitted Assets. (G)
Any property of economic value (that can be converted to cash) owned by an individual or organization. Examples include cash, securities, accounts receivable, inventory, equipment, real estate, etc. In the financial services industry, the three basic asset classes are stocks, bonds and cash.
The amount a family has in savings and investments. This includes savings and checking accounts, a business, a farm or other real estate, and stocks, bonds, and trust funds. Cars are not considered assets, nor are such possessions as stamp collections or jewelry. The net value of the principal home is counted as an asset by some colleges in determining their own awards but is not included in the calculation for eligibility for federal funds.
Assets are rights or other access to future economic benefits controlled by an entity as a result of past transactions or events. In most financial statements, assets are divided into two categories - current and long-term (or liquid and fixed). Current assets are expected to be converted into cash or used up within one year. For Vodafone, these are principally amounts which we have billed our customers but not yet received, and short-term investments. Long-term or fixed assets include property, plant and equipment, long-term investments and intangible assets, such as goodwill and licences. They are not acquired with the intent to resell them; rather, they provide the capacity to earn revenue. For Vodafone, this is mainly exchange and network equipment, property and similar items which we own and use to run our business and investments in our ventures.
(biens) - tangible or intangible things of the Government of Canada. Assets include but are not limited to information in all forms and media, networks, systems, materiel, real property, financial resources, employee trust, public confidence and international reputation. (The inclusion of information in this definition is for the purposes of this policy only and should not be interpreted as importing any legal consequences applicable for assets to information.)
Financial holdings such as cash in checking and savings accounts, stocks, bonds, trusts and other securities, loan receivables, home and other real estate equity, business equipment, and business inventory.
A list of things of liquid value owned by the applicant/borrower. These can include cash, term deposits, GIC's, RRSP's, real estate properties, automobiles, stocks, bonds, mutual funds, jewelry and other household goods.
From the accounting point of view, assets of a legal entity are the entries on a balance sheet showing all properties (cash, inventories, securities, property rights, and goodwill) and claims against others. The assets may be applied to cover the liabilities of a person or business. Similarly, the assets of a natural person make up the entire property owned by him/her that can be used to settle creditors' claims.
Everything a corporation owns or is due to it. Cash, investments, accounts receivable, and materials and inventories are called current assets. Buildings, machinery, and furniture and fixtures are known as fixed assets. Patents and goodwill are called intangible assets.
Physical objects (tangible) or rights (intangible) having economic value to their owner; items or sources of wealth expressed, for accounting purposes, in terms of their cost, depreciated cost, or less frequently, some other value; hence all costs benefiting a future period. Assets generally fall into the following categories: Current Assets, Assets Whose Use is Limited, Property, Plant, and Equipment, Investments and Other Assets, and Intangible Assets.
Assets is an accounting term used to identify things of value held by the corporation. Assets can be tangible such as cars or machinery, or intangible, such as patents, licenses, rights. Assets include anything that can be reduced to a monetary value.
Elements of your and your family's financial worth; includes real estate other than your primary residence, stocks, bonds, cash savings, college savings plans, but generally not a family farm, retirement, or prepaid tuition assets.
Your and your family's financial net worth. Includes real estate (other than your primary residence) trust funds, money market funds, mutual funds, certificates of deposit, stocks, bonds, other securities, Education IRAs, installment and land sale contracts, commodities etc.
Everything a corporation owns or due to it: cash, investments, money due it, materials and inventories, which are called current assets; buildings and machinery, which are known as fixed assets; and patents and goodwill, called intangible assets. (See: Liabilities)
Assets are generally anything of value. For example: property, real estate, cash, notes, stocks, bonds, accounts receivables, securities, and any other item of value that could be used to pay off debt.
Fixed assets include land, machines and buildings; Current Assets consist of cash, money owed to the company, stock, investments and work in progress; Intangible Assets are goodwill, trade marks, patents, etc; liquid assets are funds kept in cash or in a form that can be quickly and easily turned into cash.
Any possession that has cash or exchange value. Collectively, the assets of a person or business are the means that may be used to offset liabilities. In accounting, the assets are all of the entries on a balance sheet showing the entire resources of a person or business, which when compared with liabilities, becomes a disclosure of net worth.
Everything which is owned by or owed to an individuallbusiness. The number and availability of assets is one aspect which is considered when assessing a Company's credit worthiness, In the case of a Company, assets are classified as: Current the most important from the liquidity aspect of a Company, these are the assets which are constantly turning over in the dayâ€‘toâ€‘day cooperation of the business and are easily converted into cash. Main assets in this grouping are stock and workâ€‘inâ€‘progress; debtors; short term investments; bank and cash. Fixed those assets which have been acquired for the purpose of carrying on the business of a Company and which are not bought primarily for resale but kept in permanent use until they wear out, e.g. buildings and machinery. Intangible those assets which have a real value, sometimes a considerable one, e.g. patents; trademarks or goodwill.
Anything that a company or individual owns that has commercial or exchangeable value is an asset. Assets usually are divided into two classes: fixed assets (sometimes referred to as non-current assets), including property, plant and equipment (PP&E), construction in progress, leasehold improvements; and current assets, including cash, marketable securities, inventories, receivables (money owed to the company for products or services sold), and deferred charges. Intangible assets, such as trademarks, patents, copyrights and goodwill, are usually shown under fixed assets.
For financial aid purposes, assets are generally considered to include cash on hand in checking and savings accounts, trusts, stocks, bonds, home equity, other securities (i.e., real estate, income-producing property, business equipment and business inventory). These assets are considered in determining expected family contribution (EFC).Assets in formal retirement plans are not generally considered in need in need analysis.
Any property owned by a person or business. Assets include money, land, buildings, investments, inventory, cars, trucks, boats, or other valuables that belong to a person or business. They also may include intangibles such as goodwill.
The amount of capital or principal - money, stocks, bonds, real estate, or other resources - controlled by a foundation. Generally, the resulting income from the investment of assets provides the funds used to make grants.
Things of value, such as savings, investments, retirement accounts, real estate, automobiles, and jewelry, are all examples of assets. For financial aid purposes, financial assets, businesses, and real estate are counted most heavily.
Assets can be described as anything that holds value. Assets can be all types of things from cars to houses. Assets can be used in helping to build credit. For example if you are applying for a house loan, you might use your car as an asset, to show that if you default on a payment, that you have assets to fall back upon such as your car.
Items owned by a business. In a balance sheet, assets are broken down into current assets and fixed assets. Current assets are considered to be more liquid than fixed assets; that is, they can normally be turned into cash quickly. Current assets include cash, stocks and trade debtors. Fixed assets are normally items held for the long term which allow a company to carry on business, such as premises and machinery. In leasing terms the equipment a lessor owns and leases is often referred to as an asset.
A term indicating everything a company owns which has a monetary value listed on the balance sheet (cash funds, credit balances, supplies, equipment and facilities, etc.). Assets can be financial assets (such as bills), fixed assets (equipment) and intangible assets (goodwill, patent). Opposite: liabilities. Français: Actifs Español: Activos
Any item of economic value owned by a person or entity. Examples are cash, securities, accounts receivable, inventory, office equipment, a house, a car, and other property. On a balance sheet, assets are equal to the sum of liabilities and ownerâ€(tm)s equity.
The amount of capital or principal - money, stocks, bonds, real estate, or other resources controlled by a foundation or corporate giving program. Generally, assets are invested and the resulting income is used to make grants.
Things that are resources owned by a company and which have future economic value that can be measured and can be expressed in dollars. Examples include cash, investments, accounts receivable, inventory, supplies, land, buildings, equipment, and vehicles. Assets are reported on the balance sheet usually at cost or lower. Assets are also part of the accounting equation: Assets = Liabilities + Owner's (Stockholders') Equity. Some valuable items that cannot be measured and expressed in dollars include the company's outstanding reputation, its customer base, the value of successful consumer brands, and its management team. As a result these items are not reported among the assets appearing on the balance sheet. To Top
An accounting/financial term (balance sheet classification of accounts) representing the resources owned by a company, whether tangible (cash, inventories) or intangible (patent, goodwill). Assets may have a short-term time horizon, such as cash, accounts receivable, and inventory or a long-term value, such as equipment, land, and buildings. See: balance sheet, liabilities, owner's equity.
Things you own, such as cash, real estate, stocks and bonds. For businesses, assets also include inventory. On a balance sheet, assets always equal the sum of a company's liabilities and shareholders equity.
Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend.
future economic benefits controlled by Defence as a result of past transactions or other past events. Assets include property, plant and equipment under the control of the Department. Assets are initially recognised at the cost of acquisition. Non-financial, non-current assets are subject to ongoing revaluation assessment.
In the context of foreign exchange is the right to receive from a counterparty an amount of currency either in respect of a balance sheet asset (eg a loan) or at a specified future date in respect of an unmatched forward Forward or spot deal
An asset is something a company owns or has rights to that has future economic benefit. In most financial statements, assets are divided into two categories current and non-current (or liquid and fixed).
An arbitrary number on a balance sheet that has something to do with the value of stuff. It is usually manipulated in such a way that it is high enough to keep the company out of bankruptcy, but not so high as to attract corporate raiders.
(Catégories d'actifs) The grouping of securities for the purpose of managing other goods with similar features. The most popular asset classes are Treasury Bills (or short-term assets), common shares, preferred shares, bonds, mortgages, real estate and international equities.
Equipment which you use to manufacture a product, provide a service, or use to sell, store, deliver merchandise. Such equipment will not be sold in the normal course of business, but will be used and worn out. Land and buildings should be included here.
A media component that includes digitized images, audio, video and text files, as well as non-digitized assets (e.g. drawings, sculptures, plans). Assets are the basic elements from which products such as books, web sites, kiosks, or CD-ROMs are developed.
Learning content in its most basic form is composed of Assets that are electronic representations of media, text, images, sound, web pages, assessment objects or other pieces of data that can be delivered to a Web client.” Term defined by SCORM 2004.