Wednesday, March 14, 2012

What is Asset? Meaning, Definition, Examples of Assets

Meaning of Asset
Asset means a financial or an economic resource.Asset includes all those things (either tangible or intangible ones) which are capable of being owned or leased out (rented) to generate a value (price) or returns in present and in the future.Image credits © LancerE.
Definition of Asset
In general, the definition of an asset can be stated as follows,“An asset is a financial or

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