the value of a share in a company calculated by dividing the difference between the total of its assets and its liabilities by the number of ordinary shares issued
The asset value of a library is dependent upon a variety of conditions.
Papers and Proceedings of the Thirty-fourth Annual Meeting of the American Library Association Held at Ottawa, Canada June 26-July 2, 1912 Various
adjective of securities, having collateral being the return on a series of lending arrangements, such as mortgages or credit agreements
- Asset-backed fund
noun a fund in which the money is invested in property, shares, etc, rather than being deposited with a bank or building society
a useful and desirable thing or quality: Organizational ability is an asset. a single item of ownership having exchange value. assets. items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to ). Accounting. the items detailed […]
noun (commerce) the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down noun the practice of buying a failing company,then selling its assets for a profit Examples Asset-stripping involves selling successful parts of a company such as brand names to make a […]