Accounting and management glossary
Accounting and Management Glossary This glossary contains the words people can use when they want to talk about management, accounting. They can find specific words in this glossary related to business. Assets noun Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. Example: After all, the state owns many buildings and ASSETS, and much emphasis has been put on the institutional shareholdings of insurance companies and pension funds. It is true that personal ownership of some kinds of wealth is declining - but our focus is on ASSETS under the control of individuals so that we can understand the effects of wealth on class position. Indeed, official figures on wealth includes a whole range of marketable ASSETS such as savings, owner - occupied homes (net of mortgage borrowing), plus cars and other consumer durables. fr: Actif Your brows