|
| |
 |
|
Any item of economic value owned by an individual or corporation, especially that which could be converted to cash. Examples are cash, securities, accounts receivable, inventory, office equipment, a house, a car, and other property. On a balance sheet, assets are equal to the sum of liabilities, common stock, preferred stock, and retained earnings.
This Glossary is provided by www.InvestorWords.com
Copyright©1997-2008 by WebFinance Inc. All Rights Reserved.
|
|
|
|
|
|
|
|
|