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Related to Financial Asset: Physical asset


Real or Personal Property, whether tangible or intangible, that has financial value and can be used for the payment of its owner's debts.

An accrued asset is one that arises from revenue earned but not yet due. For example, an accrued dividend is a share of the net earnings of a corporation that has been declared but has not yet been paid out to its shareholder(s).

In Bankruptcy, an asset is any form of property owned by a debtor who is insolvent that is not exempt from being used to repay debts.

For Income Tax purposes, a capital asset is property held by a taxpayer for personal enjoyment or investment, such as a home, furniture, stocks and bonds, or an automobile, but does not include inventory, commercial accounts, and notes receivable, depreciable property, commercial property, copyrights, and short-term government obligations. When a capital asset is sold, any gain received is given preferential tax treatment.A current, liquid, or quick asset is an item that can be readily converted to cash, such as stocks and bonds.

A fixed asset is one of a permanent or longterm nature used in the operation of a business and not intended for sale.

A frozen asset is one that cannot be easily converted into cash, such as real estate when there is no market, or that cannot be used because of a legal restriction, such as a spend-thrift trust.

An intangible asset is one to which an Arbitrary dollar value is attached because it has no intrinsic market value but represents financial value, such as the good will of a business, Trademarks, or Patents.


n. generally any item of property that has monetary value, including articles with only sentimental value (particularly in the estates of the dead). Assets are shown in balance sheets of businesses and inventories of probate estates. There are current assets (which includes accounts receivable), fixed assets (basic equipment and structures), and such intangibles as business good will and rights to market a product.

See: advantage, chattel, holding, item, possession, property, resource, share, stock
References in periodicals archive ?
In real dollars the median value of financial asset holdings among the income-poor has increased by almost 50 percent over the period studied.
Travel Business Review-August 17, 2012--Deutsche Bundesbank - Acquisition of financial assets and financing in Germany in the first quarter of 2012; Results of the financial accounts by sector(C)2012] ENPublishing - http://www.
The outstanding balance of financial assets held by Japanese households as of the end of September fell 0.
How To Do Financial Asset Investigations serves as an excellent resource for investigators involved in conducting such investigations.
Servicing Liabilities - A contract to service financial assets under which estimated future revenues from stated servicing fees, late charges and other ancillary revenue are not expected to adequately compensate the servicer for performing the service.
But when the same families are tracked over time, there is little change in other financial asset saving when families begin to contribute to an IRA (or when they stop contributing).
Working with COMPIRICUS and ConVista, long-time customer Zurich has already successfully implemented SAP Financial Asset Management to support its EMEA and AsiaPac operations.
SAP Financial Asset Management has been crucial in supporting our efforts to expand our North American footprint," said Thomas Graf, head, Group Investment Administration & Accounting, Zurich.
FAS 156, Accounting for Servicing of Financial Assets
Schwab's semi-annual "Independent Advisor Outlook Study" for 2008 reports affluent investors turning to independent advisors and away from full-service financial asset management firms.
Overall, the proportion of families owning any type of financial asset fell slightly.
com, introduces an online virtual trading game in which users can experiment with financial asset management, pricing and trading, especially with quick pricing and trading of large, illiquid financial assets

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