An item of value that is owned and may be used to generate income. May also refer to something owned or in one's control that is beneficial. … [Read more...]
ASSET
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
An item of value that is owned and may be used to generate income. May also refer to something owned or in one's control that is beneficial. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
When an insolvent debtor assigns assets for the purpose of paying off creditors. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
The safeguarding of assets from theft or being significantly devalued. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
When accounts receivables are assigned to a third party for payment. Usually used as collateral for a loan. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Frequently used in the context of repossession, obtaining control over one's asset that is in the hands of another party. … [Read more...]