Business Terms and Jargon Explained

What is Assets

Is something of value. E.g. a car, machinery or cash at bank are assets. Assets can be classified as tangible, intangible, fixed and current.

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Privileged Will Pilot Operation Ex parte
Competitive Advantage Residence Won
In solidum Factor Drawback
National IP Crime Strategy BACS Institutional Capacity
Franked income Assignee FIO
Arrears Account payee Kangaroos
Loan Packaging Garnishment MD2
Illegal per se Discount allowed IDK
Order Optimisation Killer bee Prime Minister
Procurator Stet Win win
Ringgit Passing off THX
Testator Back Office Will
Law Lord Berne Convention Overdraft

Term created / updated 2005-07-16 23:12:15

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