assets
51Level 3 Assets — Assets whose fair value cannot be determined by using observable measures, such as market prices or models. Level 3 assets are typically very illiquid, and fair values can only be calculated using estimates or risk adjusted value ranges. In… …
52Non-Core Assets — Assets that are either not essential or simply no longer used in a company s business operations. They usually serve companies best when extra cash is needed as they can often be sold. Some businesses sell their non core assets in order to pay… …
53Admitted Assets — Assets of an insurance company that are permitted by state law to be included in the company s financial statements. Although each state has discretion over its own insurance laws, there is a general consensus over which assets are suitable to… …
54Nonmonetary Assets — Assets in which the right to receive a fixed or determinable amount of currency is absent. This feature distinguishes nonmonetary assets from monetary assets such as cash, bank deposits, and accounts and notes receivable, which can be converted… …
55Permanently Restricted Assets — Assets of a not for profit organization that come with certain restrictions. Permanently restricted assets are any assets that are given to a not for profit by an outside individual or agency with restrictions on their use or purpose. Donations… …
56Interest Sensitive Assets — Assets held by a bank that are vulnerable to changes in interest rates. This change can occur either when the asset matures or when it is repriced according to an index rate. The value of these assets is adjusted according to the rise or fall of… …
57Quick Assets — Assets that can be easily be converted into cash or are already in cash form. It is calculated as current assets minus inventories. Stocks are an example of quick assets …
58monetary assets — Assets, such as cash and debtors, that have a fixed monetary exchange value and are not affected by a change in the price level. If there are no regulations requiring companies to account for changing price levels, monetary assets remain in the… …
59Residual assets — Assets that remain after sufficient assets are dedicated to meet all senior debtholder s claims in full. The New York Times Financial Glossary …
60residual assets — assets that remain after sufficient assets are dedicated to meet all senior debtholders claims in full. Bloomberg Financial Dictionary …
