asset
/ˈæ ˌsɛt/
?
Add to My List
Definition(s):
- (n) a useful or valuable quality
Usage(s):
- The SPV will buy the assets securing TALF loans.
- The fund cannot immediately sell these assets, except at a fatal loss, so it would sell its more liquid assets.
- Its assets are so huge, and so interconnected, that the Feds stepped in to save the insurance giant from bankruptcy.
Quotes
- "Moreover, the adverse impact of a default would not have been confined to the financial system but would have been felt broadly in the real economy through its effects on asset values and credit availability," Bernanke said.on Apr 3, 2007 By: Ben Bernanke Source: CanadianBusiness.com
- "He's a huge investment. So he's an asset, and this is an asset that's currently in crisis," Cashman said. "So we will do everything we can to protect that asset. ...... If this is Humpty Dumpty, we've got to put him back together again, to...on Feb 17, 2009 By: Brian Cashman Source: International Herald Tribune
- "The evidence is that the tight financial conditions, in conjunction with other factors including higher fuel costs and lower asset values, have exerted the needed restraint on demand," Stevens said.on Sep 1, 2008 By: Glenn Stevens Source: AFP
Word of the Day
irrevocable
/ɪ ˈrɛ və kə bəl /
/ɪ ˈrɛ və kə bəl /