| |
| | Asset (Site not responding. Last check: 2007-09-10) |
 | | In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group acting together, e.g. |
 | | Other business subdivisions include intangible assets, that is, those Assets which, though not visible, add to the earning power of the business, e.g. |
 | | goodwill, patents, copyrights, etc. (also called invisible assets); liquid assets, which are a subdivision of current assets and also categories labelled trade investments, quoted investments, etc. In the balance sheet of a company certain divisions are required by law, which varies from country to country. |
| asset.iqnaut.net (250 words) |
|