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...] about ASSET
A
ASSIGNMENT FOR BENEFIT OF CREDITORS
When an insolvent debtor assigns assets for the purpose of paying off creditors. … [Read more...] about ASSIGNMENT FOR BENEFIT OF CREDITORS
ASSET PROTECTION
The safeguarding of assets from theft or being significantly devalued. … [Read more...] about ASSET PROTECTION
ASSIGNMENT OF ACCOUNTS RECEIVABLE
When accounts receivables are assigned to a third party for payment. Usually used as collateral for a loan. … [Read more...] about ASSIGNMENT OF ACCOUNTS RECEIVABLE
ASSET RECOVERY
Frequently used in the context of repossession, obtaining control over one's asset that is in the hands of another party. … [Read more...] about ASSET RECOVERY
