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Asset




A balance sheet item expressing what an individual or a corporation owns.


Additional Comments:

Any possession that has value in an exchange.

Related Terms:

Balance Sheet
The balance sheet, also called statement of financial position, portrays the financial position of the public ...

Deferred Charges
Deferred charges are expenditures for items that will benefit future periods beyond one year from the ...

Trading Securities
Stock or bond holdings that a company intends to sell within a short period of time ...





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