In this article we will look at some related terms used to talk about what a person or company owns. All of these terms contain the word asset.
What is an asset?
The technical name for the things a company or a person owns are their assets. Assets are expected to increase in value. The opposite of an asset is a liability, something that belongs to someone else and which the company will eventually have to pay back.
Assets appear on a company’s balance sheet,
There are several different types of asset:
You need to be logged in to view the rest of this content.If you don't have an account you can register for free here. Or if you already have an account, you can join us.
Home › Forums › Assets
Tagged: assets, business, business vocabulary, finance, liabilities, vocabulary
This topic contains 0 replies, has 1 voice, and was last updated by
RobertD 1 year, 2 months ago.
You must be logged in to reply to this topic.
Share this:
Share this: