from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company.
- n. A valuable item that is owned.
- n. A spy working in his or her own country and controlled by the enemy.
- n. Accounting The entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill.
- n. The entire property owned by a person, especially a bankrupt, that can be used to settle debts.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. Something or someone of any value; any portion of one's property or effects so considered.
- n. Any component, model, process or framework of value that can be leveraged or reused.
- n. intelligence asset
from the GNU version of the Collaborative International Dictionary of English
- n. Any article or separable part of one's assets.
from The Century Dictionary and Cyclopedia
- n. See assets.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a useful or valuable quality
The Washington Post readers may not have known the term "asset protection" a week ago, but with this help from FICO, they'll figure it out soon.
Your main asset is credibility, not money or size.
Note 14: Its main asset is the complete archive of EAM (the National Liberation Front), including the archives of the 'Mountain Government', which administered the liberated regions of Greece.
Its main asset is the Ingka Holding group, which is conservatively financed and highly profitable: post-tax profits were €1.4 billion ($1.7 billion) — an impressive margin of nearly 11% on sales of €12.8 billion — in the year to August 31st 2004, the latest year for which the group has filed accounts.
The fifth round of the term asset-backed securities loan facility (TALF) in support of CMBS was held by the New York Fed just last Wednesday, to no avail for new CMBS issuance.
Then early in the Obama administration, regulators threw the real estate industry a bone, expanding a financial rescue program, the term asset-backed securities loan facility (TALF), to commercial-mortgage-backed securities, thereby muffling calls for a broader industry rescue.
The federal government has already been proactive in addressing the crisis, specifically concerning the inclusion of commercial real estate in the term asset-backed securities loan facility (TALF) legislation and recent changes issued by Treasury to ease tax regulations governing real estate mortgage investment conduits (REMICs).
Tuesday's release of the minutes from the Federal Reserve's Dec. 16 meeting could help illuminate the central bank's thinking regarding a key program it plans to implement next month: the term asset-backed securities loan facility, or TALF.
The main asset is a dairy processing plant in Lagos de Moreno, in the state of Jalisco, which has a capacity of 7 million liters a month.
Some of the Citi loans have already been securitised under the term asset-backed securities loan facility (Talf), a US government programme aimed at supporting the ailing securitisation market.