ASSET Definition

Bookmark and Share

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).

Learn new Accounting Terms

OCF see OPERATING CASH FLOW.

ACCRETION is the adjustment of the difference between the price of a bond purchased at an original discount and the par value of the bond; or, asset growth through internal growth, expansion or natural causes, e.g. the aging of wine or growth of timber/trees.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.