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hidden asset

   Also found in: Wikipedia 0.03 sec.

hidden asset n. an item of value which does not show on the books of a business, often excluded for some improper purpose such as escaping taxation or hiding it from a bankruptcy trustee. However, there may be a legitimate business reason for not including all assets on a profit and loss statement.



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The key question is: What is your firm's hidden asset and who else would be interested in it?
We have long believed that minority-owned firms are our nation's most hidden asset, critical to the economic vitality of our country as a whole.
I think it's a hidden asset," said one investor, Michael Bonesteel, a litigator with Haight Brown & Bonesteel.
 
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