Words similar to asset
Example sentences for: asset
How can you use “asset” in a sentence? Here are some example sentences to help you improve your vocabulary:
The point of watching asset prices for the Fed is to understand whether the wealth effect is helping rev the economy beyond sustainable growth.
HISTORICAL COST - Initially, the amount of cash (or its equivalent) paid to acquire an asset; subsequent to acquisition, the historical amount may be adjusted for amortization.
This narrative (1) stated that "Information is a corporate asset . . . . Information must be protected according to its sensitivity, criticality and value, regardless of the media on which it is stored, the manual or automated systems that process it, or the methods by which it is distributed," (2) outlined the responsibilities of information owners, custodians, and users, (3) defined the organization's three data classification categories, and (4) stated that each business unit should develop an information protection program to implement these policies.
If the sales proceeds equal book value, there is no gain or loss, because the exchange of one asset for another of equal recorded value is not a net inflow of resources.
Although an individual household can tap its wealth by selling assets to finance consumption or accumulate other assets, the sale of an existing asset merely transfers ownership; it does not generate new economic output.