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Meaning of assets

 

 

 

Assets

 

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Business glossary

 

Meaning of term assets :

 

An asset is something which a person or firm owns that is of value. In other words a person's house or car or savings could be considered an asset to them. Firms split their assets into fixed assets (buildings, land etc.) and current assets (cash, debtors and stock).

 

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Meaning of term assets

 

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