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What exactly are assets ? In the accounting worl assets are items that have monetary value and are owned by a business. As part of this work, the IASB staff has tested a proposed new definition of an asset against a series of economic arrangements . English to marathi Dictionary: asset. Meaning and definitions of asset , translation in marathi language for asset with similar and opposite words.
Any item of economic value owned by an individual or corporation, especially that which could be converted to cash.
Examples are cash, securities, accounts . It provides a new definition of brand assets so that, whether purchased separately or as part of goodwill or internally created by a business, brands can be . In financial trading, the term asset relates to what is . The definition of an asset is a person or thing that has value. An honest and great car mechanic is an example of an asset. A house is an example of an asset.
If an expenditure does not have such utility, it is instead . Definition of ASSET in the Definitions.
An asset is anything of monetary value owned by a person or business. Read More