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asset
Longman Dictionary of Contemporary English
asset
noun
COLLOCATIONS FROM OTHER ENTRIES
asset stripping
asset
▪ The organization’s most precious asset is its staff.
asset
▪ If you have a good network of contacts, you have a valuable asset.
assets...seized
▪ All of my assets were seized, including my home.
capital assets
fixed assets
froze...assets
▪ The court froze their assets.
intangible assets
intangible assets such as customer goodwill
liquid assets
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
capital
▪ The capital asset of the farms had little importance for most yet in some areas the value must have been substantial.
▪ Any asset with an expected useful life of more than one year is normally considered a capital asset.
▪ Housing represents most of the capital assets of local government.
▪ Depreciation accounting is simply a technique used to allocate the cost of a capital asset over its expected useful life.
▪ Account should also be taken of relief which may be available for capital expenditure on assets.
▪ The details of capital asset pricing theory are well beyond the scope of this book.
▪ She would also be acquiring a capital asset.
▪ A capital lease must be recorded on the balance sheet as a capital asset with an associated liability.
current
▪ The group's total intangible assets come to £13.922m, and total fixed and current assets to £24.869m.
▪ Next, changes in current asset and liability accounts that impact cash must be accounted for.
▪ Instead, the accruals accounts would have to be modified to maintain the current cost of assets.
▪ As a firm grows, current assets will generally grow faster than current liabilities.
▪ Investments Investments included in current assets are stated at the lower of cost and net realisable value.
▪ Some current assets are by nature needed to maintain the company operations and would not normally be available to meet short-term obligations.
▪ Fixed assets plus net current assets less long-term sources of funding, less shareholders' equity equals the short-term funding required.
▪ It is likely to be converted into cash and is part of the operating cycle therefore a current asset.
financial
▪ For bonds and other financial assets, this means a reduction in their rate of interest.
▪ In financial terms, the value of any financial asset depends on the earning power of that asset.
▪ However, we begin by discussing the financial assets in which they deal.
▪ Those who were dubious or just cautious missed out on historic advances in financial asset values.
▪ Between the two extremes come the various financial assets such as bonds and shares.
▪ Medicaid pays nursing home bills for long-term custodial care, after patients have exhausted their financial assets.
▪ Know where insurance policies, financial assets, Social Security numbers and wills are kept.
fixed
▪ The principal element of fixed assets is land and buildings acquired for development projects.
▪ Therefore, fixed asset investment is normally financed through loans or leasing.
▪ Their system interfaces with Britannia's fixed asset management system and with standard accounting packages.
▪ We have a very large fixed asset base of £5 billion, producing £3 billion of sales.
▪ The fixed asset holders, meanwhile, managed to get preferential help from the government to ease the pain.
▪ It is not a fixed asset as there is no intention to use it in the business.
▪ Why is it unlikely that depreciation will provide for replacement of the fixed asset?
great
▪ In the eyes of the Profitboss, people are the company's greatest asset.
▪ Unkindness, especially unkindness coupled with wit, is the greatest asset a courtier can possess.
▪ A horse or pony who will pop over a ditch without fuss is a great asset.
▪ Sir Charles' accompaniments, as ever, are a great asset.
▪ Sofa Head's greatest asset is the realisation that you don't have to set your sights on one target.
▪ Perhaps her greatest asset as ambassador was her access to President Clinton, whom she had known for many years.
▪ Health Optimism and positive thinking are your greatest assets in keeping fit and well.
▪ Wright sees flexibility as a polytechnic's greatest asset.
important
▪ The workforce contributed towards this important asset in the social life of Wolverton - 615 subscribed £523 towards the building fund.
▪ Economic considerations not withstanding, parental love will always be the most important asset in the family equation.
▪ Their most important asset is the way in which they can deflect light.
▪ Creating a Mission Statement Clarity of mission may be the single most important asset for a government organization.
▪ Thus woman's sexuality is held to be her most important asset.
▪ These millions of voters give California several important political assets.
▪ Many chapels have an important asset in the form of substantial ancillary accommodation.
▪ Its most important asset was the Glasgow weekly Forward which became the party's official paper in 1934.
intangible
▪ Measurement Intangible assets, such as knowledge and learning, account for a large part of a company's value.
▪ The factors which, if present, indicate the transfer as a going concern largely relate to intangible assets.
▪ Castle now carries audio copyrights under intangible assets at directors' valuation instead of at cost less amortisation.
▪ The group's total intangible assets come to £13.922m, and total fixed and current assets to £24.869m.
▪ The bank's accounts have just revealed that its intangible assets have shrunk alarmingly.
▪ After a tortuous argument, the standard-setters agreed to let banks value and disclose their intangible assets in their balance sheets as well.
▪ The problem lies in how intangible assets are defined and valued.
liquid
▪ At certain times, banks may decide that it is prudent to hold a bigger proportion of liquid assets.
▪ Bills, while being a relatively liquid asset, generate some income for a bank.
▪ They may also do so if they anticipate that their liquid assets may soon be squeezed by government monetary policy.
▪ Short-term liquid assets are held for active trading purposes and for buying long-term investments.
▪ These are both very liquid and interest-earning assets and thus provide a valuable second line of reserves.
▪ They therefore provide a secure and highly liquid asset for the banks.
▪ We emphasised in section 5.1 that bills are a very liquid form of asset.
net
▪ Target business to be run in ordinary course up to completion with no material changes in trading performance or net assets.
▪ It is the price of the bonds that determines the net asset value of bond funds.
▪ This year the company is disposing of the subsidiary at a consideration of £2.1m when its net assets are also £1.8m.
▪ Completion accounts Completion accounts will usually be needed if the price is to be based on earnings or net asset values.
▪ The largest spread allowed between offer and bid prices is 15 percent of net asset value.
▪ A pro-forma statement of the combined companies' net assets was £294m.
▪ Corporations qualify for access to this market if they have a stock exchange listing and net assets exceeding 50 million.
▪ But it has £38.7 million net assets and we value the company on its assets.
other
▪ For bonds and other financial assets, this means a reduction in their rate of interest.
▪ Together with certain other assets ... all legally signed over.
▪ Of course he had some other assets, but the collapse of the central part of his fortune did not make for buoyancy.
▪ They would use this to buy securities and other assets.
▪ No other category of asset came close to rivalling that performance.
▪ Banks are issuing a stream of securities backed by mortgages, credit-card receivables and other assets stripped off their balance sheets.
▪ The sale of council houses has produced substantial capital receipts, and smaller amounts have come from the sale of other assets.
▪ With an asset sale the purchaser selects the assets he wishes to buy and leaves behind all other assets.
real
▪ I'd say you're a real asset to the old firm, not to mention highly decorative.
tangible
▪ Fixed Assets Fixed assets capitalised during the year amount to £865,000 of which £700,000 relates to tangible assets and £165,000 to investments.
▪ Stocks and bonds finance tangible assets such as factories and machinery.
▪ Any permanent impairment of tangible assets identified is written off.
▪ In rich families that have substantial inherited wealth, assets may be primarily in the form of claims on tangible assets.
▪ He left the house, his only tangible asset, jointly to my aunt and myself.
▪ Investors bought into tangible assets and sought return from income.
▪ Net tangible assets were £49.2 million.
Tangible Assets and Depreciation Tangible assets are stated at cost or valuation less accumulated depreciation.
total
▪ Therefore, equity demands that they share in the total assets.
▪ Closedends' total assets of $ 130 billion are dwarfed by the $ 2. 51 trillion in open-end funds' assets.
▪ The group's total intangible assets come to £13.922m, and total fixed and current assets to £24.869m.
▪ Between 1960 and 1970, however, total assets grew sevenfold.
▪ Cicero Bank is a New Yorkchartered commercial bank with total assets of $ 26 million and total deposits of $ 21 million.
▪ As you can see from Table 16.2, they account for a tiny fraction of total assets.
▪ By December 1995, 91 unit trusts had a total asset base of 33. 7 billion rand.
valuable
▪ Yet in all but a very few, it is people that are the organisation's most costly and most valuable asset.
▪ We consider him a valuable asset, so we had to respond to keep him for the long term.
▪ It has also been planned with the understanding that people are among the most valuable assets that any firm or corporation has.
▪ Amelia, as the most famous female pilot, therefore became a valuable asset to an airline and was treated more seriously.
▪ If you have a good network of contacts, you have a valuable asset.
▪ It is one of our most valuable assets, like the land that produces our food.
▪ It also meant that well-trained war-horses were immensely valuable assets.
■ NOUN
management
▪ Their system interfaces with Britannia's fixed asset management system and with standard accounting packages.
▪ Since Newman was named president in October, Bankers Trust reorganized its derivatives and asset management businesses.
▪ The ability to follow every financial instrument on every market for effective asset management.
▪ They also are responsible for budgeting, performance evaluation, cost management, and asset management.
▪ The congress agreed to establish a closed trade unions' assets management company in which any union could become a member.
▪ Cushman &038; Wakefield's asset management team ensures that the project's vision of quality and excellence is continuously achieved.
▪ Halifax is offering to pay £500 million for Equitable's asset management business, sales force and systems.
▪ In other cases, trusts can be a convenient vehicle for asset management.
sale
▪ Further asset sales from breaking up ConsGold will put it in an even stronger position from which to launch further takeovers.
▪ Do asset sales count as revenues?
▪ Expenditures will reduce sharply during 1993 as several developments are completed and as obligations are reduced as a result of asset sales.
▪ It embarked on a program of asset sales.
▪ The idea is to repay the bond with cash raised from asset sales.
▪ Or rule on whether asset sales, user fees, mandates and flashes of congressional ingenuity yet undreamed of violate the Constitution?
▪ With asset sales the purchaser does not assume the liabilities except as regards employees, unless this is specifically agreed.
▪ With an asset sale the purchaser selects the assets he wishes to buy and leaves behind all other assets.
value
▪ In addition, the management company may charge an annual fee of 0.5-1 percent of net asset value.
▪ We think the asset value is $ 30-plus.
▪ The largest spread allowed between offer and bid prices is 15 percent of net asset value.
▪ It is the price of the bonds that determines the net asset value of bond funds.
▪ Its development costs are not much less than the firm's total asset value.
▪ Wanless is first to admit he has no quick antidote to the corrosive effect of falling asset values.
▪ On a brighter note, net asset value rose 10 percent to 596.5p, from 542.2p, in the 12 months.
▪ Palatine shareholders are being offered a significant increase in capital value and income, plus a substantial premium over net asset value.
■ VERB
acquire
▪ She would also be acquiring a capital asset.
▪ The waste-management company also entered into a pact to acquire other Wastemasters assets for about $ 15. 8 million.
▪ Indeed, Fleet was eager to liquidate the preferred shares, because they legally precluded it from integrating those newly acquired assets.
▪ Whether a company acquires an asset through loan or leasing, it is committed to making future cash payments.
▪ With the help of the Greyhound Bank it acquired Dan Air assets but grew quickly as its order book grew.
▪ Mr Pinault acquired an asset that subsequently produced lots of much-needed cash.
▪ Emap will acquire nominal net assets.
buy
▪ Put another way, there is no longer the incentive to economise on every spare pound and penny in order buy interest-earning assets.
▪ To grow, they slashed, re-engineered, and bought and sold assets.
▪ One of the first issues the parties will face is the decision of whether to buy assets or shares.
▪ Conceptually, leasing is similar to borrowing money to buy the asset.
▪ It helped several shady entrepreneurs to buy assets all over the world.
▪ Investors bought into tangible assets and sought return from income.
▪ Investors buy a general claim on the investment trust, rather than buy the assets as in a unit trust.
▪ The lease contains a bargain purchase option-that is, an option to buy the asset at a very low price. 3.
fix
▪ The asset section of the balance sheet is divided into two major sections: current assets and fixed assets.
▪ The $ 150 quarterly increase reflects the increase in size of the loan concomitant with the fixed asset expansion.
▪ At Dallas-based Richmont, he will oversee the management of about $ 350 million in fixed-income assets.
▪ But whereas open-end funds take in cash from investors at any time, closed-end funds have a fixed amount of assets.
freeze
▪ Mr Doherty was suspended and court injunctions taken to freeze both his assets and those of the computer company.
▪ A federal judge has frozen most of the assets.
▪ This gave wide investigative powers, and made possible the seizing, freezing and confiscation of assets.
▪ The court decision prohibits the destruction of books and records, and freezes the defendants' assets.
hold
▪ Financial assets are issued by borrowers and traded by financial institutions who hold them.
▪ Trusts have long been used to hold assets that would otherwise disqualify the heir from public assistance.
▪ As interest rates go up, the balance of advantage shifts towards holding financial assets which earn these higher interest rates.
▪ And a crop of sites are dedicated to savers and investors who hold assets outside their home countries.
▪ Thus financial institutions like to hold a range of assets with varying degrees of liquidity and profitability.
▪ The judge said he would hold an assets confiscation hearing on Emmett in November.
▪ This obviously reduces the income below what it would have been had he been able to hold the assets directly.
▪ Everyone wants to hold their assets in liquid form.
include
▪ A settlement for these purposes does not include a transfer of assets.
▪ The most popular activities include fund management, asset financing, captive insurance and treasury management.
▪ This is because it must include all assets which might be acquired for investment purposes.
▪ The least liquid end of the portfolio includes high-profit assets, such as loans to individuals and companies.
▪ Examples could include prepayments, fixed assets, accruals, etc. 6.
▪ It includes assets which could be converted with relative ease and without capital loss into spending on goods and services.
manage
▪ Financial institutions - which act as intermediaries between lenders and borrowers, and manage their own asset portfolios. 3.
▪ Farnham, which manages assets of $ 30 billion.
▪ However, Hanson was also famous for two other things: buying cheaply and managing its assets extremely well.
▪ The firm manages assets of $ 400 million.
▪ This uses NatWest funds, but external investment managers are appointed to manage the assets within the funds.
▪ It also assumes that providers are free to manage their assets and personnel to maximise efficiency gains.
reduce
▪ Answer guide: Record an asset and reduce the asset bank.
▪ Depreciation is a charge that reduces the value of assets over time, reflecting their use.
▪ Answer guide: Increase the asset bank and reduce the asset debtors.
▪ Answer guide: Reduce a liability, the loan, and reduce the asset bank.
▪ Balance sheet - reduce one asset and perhaps increase another.
▪ Firstly, this will reduce the net asset value of the company, says Mr Marshall.
▪ Answer guide: Record a reduction in the liability, creditors, and reduce the asset bank.
▪ Balance sheet - reduce an asset and a liability.
seize
▪ With tight defence budgets, Trinidad is trying to change the law to make use of seized assets a priority.
▪ None the less, the plaintiffs can move immediately to seize his assets.
▪ He seized the assets of all those he held, doubtless exceeding his authority in cases of the very wealthy.
sell
▪ How many hungry people might have been fed when he sold his material assets?
▪ To grow, they slashed, re-engineered, and bought and sold assets.
▪ Nor can they do anything about his methods of selling the assets which have been charged.
▪ If we sell you the asset, we get 100 in cash but you get an asset worth 100.
▪ The company promised last month to reorganize its loss-making Cunard and engineering units and to sell assets.
PHRASES FROM OTHER ENTRIES
realize an asset
tangible assets/property
▪ A definition of family property that is restricted to claims on tangible property is weighted heavily toward the concerns of rich families.
▪ Any permanent impairment of tangible assets identified is written off.
▪ Depreciation is calculated to write off the cost or valuation of tangible assets other than freehold land over their estimated useful lives.
▪ Fixed Assets Fixed assets capitalised during the year amount to £865,000 of which £700,000 relates to tangible assets and £165,000 to investments.
▪ In rich families that have substantial inherited wealth, assets may be primarily in the form of claims on tangible assets.
▪ Investors bought into tangible assets and sought return from income.
▪ Net tangible assets were £49.2 million.
▪ Stocks and bonds finance tangible assets such as factories and machinery.
wasting asset
▪ My feeling, for what it's worth, is that they should be regarded as wasting assets.
EXAMPLES FROM OTHER ENTRIES
▪ A sense of humour is an important asset for any teacher.
▪ Currently, they have $6,230,000 in assets.
▪ Laney continues to be a great asset to the company.
▪ The most powerful asset we have is our skilled, dedicated workforce.
EXAMPLES FROM CORPUS
▪ As more assets are purchased, this will drive up their price.
▪ At the time, Templeton had about $ 11 billion in assets.
▪ Balance sheet - reduce an asset and a liability.
▪ In this variant the risk-free asset is replaced by the zero-beta portfolio.
▪ Star Banc is a bank holding company with about $ 9. 7 billion in assets.
▪ The lessor then purchases the asset and leases it to the lessee.
▪ Verbal fluency is an asset and for some people spoken presentations are easy.
The Collaborative International Dictionary
Asset

Asset \As"set\, n. Any article or separable part of one's assets.

Douglas Harper's Etymology Dictionary
asset

see assets.

Wiktionary
asset

n. {{initialism of|(w: Association of Supervisory Staffs, Executives and Technicians)|lang=en}}

WordNet
asset

n. a useful or valuable quality [syn: plus] [ant: liability]

Wikipedia
Asset (intelligence)

In intelligence, assets are persons within organizations or countries that are being spied upon who provide information for an outside spy. They are sometimes referred to as agents, and in law enforcement parlance, as confidential informants, or 'CI' for short.

There are different categories of assets, including people who:

  • Willingly work for a foreign government for ideological reasons such as being against their government, but live in a country that doesn't allow political opposition. They may elect to work with a foreign power to change their own country because there are few other ways available.
  • Work for monetary gain. Intelligence services often pay good wages to people in important positions that are willing to betray secrets.
  • Have been blackmailed and are forced into their role.
  • Do not even know they are being used. Assets can be loyal to their country, but may still provide a foreign agent with information through failures in information safety such as using insecure computers or not following proper OPSEC procedures during day-to-day chatting.
ASSET (spacecraft)
Asset (disambiguation)

An asset is an economic resource, or something of value.

ASSET or Asset may also refer to:

Business

  • Asset, something possessed by a business entity from which future economic benefits may be obtained
  • Employability asset, a person's knowledge, skills and attitudes

Computing

  • Asset (computer security), an asset in Computer security context
  • Digital assets, the graphics, audio, maps, and other artistic data that go into media, particularly interactive media such as video games

Economics

  • Asset (economics), a durable good which is not fully depreciated to zero value after the current period of analysis

Entertainment

  • The Assets, an eight-part American drama television miniseries.
  • "The Asset" (Agents of S.H.I.E.L.D.), an episode of Agents of S.H.I.E.L.D.

Intelligence

  • Asset (intelligence), an outside person who provides intelligence

Military

  • Military asset, a weapon or means of production of weapons or other defensive or offensive devices or capabilities

Organisations

  • Americans Standing for the Simplification of the Estate Tax, a political lobbyist group
  • Association of Supervisory Staffs, Executives and Technicians, a former British trade union

Space

  • ASSET (spacecraft), an experimental U.S. reentry vehicle
Asset

In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).

The balance sheet of a firm records the monetaryJ. G. Siegel, N. Dauber & J. K. Shim, The Vest Pocket CPA, Wiley, 2005.

There are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the Historical Cost is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet.

value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.

Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the market place. Examples of intangible assets are goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.

Asset (computer security)

In information security, computer security and network security an Asset is any data, device, or other component of the environment that supports information-related activities. Assets generally include hardware (e.g. servers and switches), software (e.g. mission critical applications and support systems) and confidential information. Assets should be protected from illicit access, use, disclosure, alteration, destruction, and/or theft, resulting in loss to the organization.

Asset (economics)

An 'asset' in economic theory is an output good which can only be partially consumed (like a portable music player) or input as a factor of production (like a cement mixer) which can only be partially used up in production. The necessary quality for an asset is that value remains after the period of analysis so it can be used as a store of value. As such, financial instruments like corporate bonds and common stocks are assets because they store value for the next period. If the good or factor is used up before the next period, there would be nothing upon which to place a value.

As a result of this definition, assets only have positive futures prices. This is analogous to the distinction between consumer durables and non-durables. Durables last more than one year. A classic durable is an automobile. A classic non-durable is an apple, which is eaten and lasts less than one year. Assets are that category of output which economic theory places prices upon. In a simple Walrasian equilibrium model, there is but a single period and all items have prices. In a multi-period equilibrium model, while all items have prices in the current period. Only assets can survive into the next period and thus only assets can store value and as a result, only assets have a price today for delivery tomorrow. Items which depreciate 100% by tomorrow have no price for delivery tomorrow because by tomorrow it ceases to exist.

The subfield of asset pricing (or valuation) is the financial evaluation of the value of such assets; the primary method used by today's financial analysts is the discounted cash flow method (DDM). Under the DDM, an asset's future cash flows are either assumed to be known with certainty (as in a Treasury Bond which is risk free) or estimated. These future cash flows are discounting used present values.

The Flow of Funds tables from the Federal Reserve System provide data about assets, which are tangible assets and financial assets, and liabilities. The difference, assets minus liabilites, is net worth.

Usage examples of "asset".

Darcy will be departing Said Ababa with at least five million dollars in liquid assets.

David and Abraham Solomon have the makings of a first-rate asset on their hands but for a simple bridging loan and, in the prevailing climate, they have no chance of obtaining one.

John would purchase all of the old homestead, with its barn and fifty-three acres, which included Fresh Brook, to Adams a prime asset.

These are the property of Sierra International, which is part of the powerful mining empire of Afric International, which in turn is a rich capital asset of the British Commonwealth.

The agents from the Egyptian counterintelligence branch suggested that Nancy bring this newly discovered asset to the attention of one of their agents, who was attempting to infiltrate Middle Eastern terrorist groups.

Salem would work as an asset of the Foreign Counter Intelligence Branch, with Nancy Floyd as his salary contact and Napoli and Anticev as the formal case agents who would process his intel.

To hear that from a decorated Bureau veteran is an indication of the atmosphere of fear that exists among FBI street agents today - the fear that expressing even modest disagreement with a supervisor, or staying loyal to an asset the way Nancy Floyd had, might result in an investigation with career-ending implications.

He took those on because they come from the orehills in the Backland and one is said to be an ore-sniffer, but I truly doubt that because no family would exile such an asset.

Letting some preventable external threat destroy this colony when a couple of Bolos old enough to make them second-tier assets at the front could have prevented it would have been criminally negligent.

Born Rosalinda Banks, of the Chilicothe, Ohio, Bankses, with no assets beyond a lovely face, a superb figure and a mild talent for vers libre, she had come to Greenwich Village to seek her fortune and had found it first crack out of the box.

Though Lydia had always remained mute about his reasons for calling, Alistair had usually left counting his new assets or else striding irately out berating her so-called closefisted stinginess, which he had done at the conclusion of his last visit.

Used primarily to purchase investments and assets that Enron wanted to sell, and to provide cash to off-books entities that were also doing deals with the company.

The cold wet winds, he claimed, reminded him of Connaught, and from his Develin vantage point he could see all the way downriver to Rotherhithe and keep an eye on his four-legged assets.

There was no doubt now that these Marines with dogs were going to be an asset in combat.

I assured him that I would of course furnish him with dogs for all the situations for which their skills would be an asset.