In this thread we will discuss about the various finance related terms..
1. Asset : Something that has value or earning power. On the balance sheet of a company the following categories of assets are distinguished: current assets - cash, bank deposits and bills receivable; trade investments; fixed assets - land, buildings, plant and machinery, vehicles and furniture; intangible assets - goodwill, patents, etc., Financial assets are titles to cash such as a bank deposit or income and/or capital gains such as ordinary shares.
1. Asset : Something that has value or earning power. On the balance sheet of a company the following categories of assets are distinguished: current assets - cash, bank deposits and bills receivable; trade investments; fixed assets - land, buildings, plant and machinery, vehicles and furniture; intangible assets - goodwill, patents, etc., Financial assets are titles to cash such as a bank deposit or income and/or capital gains such as ordinary shares.