Asset

May 1, 2019 by  
Filed under Nigeria Stock Exchange

There are multiple definitions of an asset:

1. Something valuable that an individual or entity owns benefits from or has use of, in generating income.

2. An item with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.

3. Property (not only real estate) owned by a person or company, regarded as having value and available to meet debts, commitments or legacies.

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