ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ASSET is anything owned by an individual or a business, which has commercial or exchange value. Assets may consist of specific property or claims against others, in contrast to obligations due others. (See also Liabilities).
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LILANGENI is a currency of Swaziland.
MONETARY ASSETS are measured at their collectible amounts, while nonmonetary assets are measured at historical costs.