current asset — noun An asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle whichever is longer, such as cash, accounts receivable, and inventory. Ant: non current asset … Wiktionary
Asset — This article is about the business definition. For other uses, see Asset (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · … Wikipedia
Asset — 1. A resource with 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. 1. Assets are bought to increase the… … Investment dictionary
Asset — Business accounting term for anything owned by an individual, a business, or a financial institution which has commercial or exchange value. Assets may consist of specific property or claims against others, in contrast to obligations due to… … International financial encyclopaedia
Fixed asset — Fixed assets, also known as a non current asset or as property, plant, and equipment (PP E), is a term used in accounting for assets and property which cannot easily be converted into cash. This can be compared with current assets such as cash or … Wikipedia
Asset poverty — is an economic and social condition that is more persistent and prevalent than income poverty. It can be defined as a household’s inability access wealth resources that are sufficient enough to provide for basic needs for a period of three months … Wikipedia
asset — as·set / a ˌset, sət/ n [back formation from assets, singular, sufficient property to pay debts and legacies, from Anglo French asetz, from Old French asez enough] 1: the entire property of a person, business organization, or estate that is… … Law dictionary
fixed asset — noun Asset or property which cannot easily be converted into cash, such as land, buildings and machinery. Syn: non current asset, property plant and equipment, PP E Ant: current asset … Wiktionary
Non-revenue water — (NRW) is water that has been produced and is “lost” before it reaches the customer. Losses can be real losses (through leaks, sometimes also referred to as physical losses) or apparent losses (for example through theft or metering inaccuracies).… … Wikipedia
Asset-backed security — In finance, an asset backed security is a type of debt security that is based on pools of assets, or collateralized by the cash flows from a specified pool of underlying assets. Assets are pooled to make otherwise minor and uneconomical… … Wikipedia
asset — noun 1 useful person/thing ADJECTIVE ▪ big, considerable, great, important, invaluable, precious, priceless, real, tremendous, useful … Collocations dictionary