asset : Definition, Usages, News and More

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asset

aset

  • n  a useful or valuable quality

  • 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.
  • The Treasury's plan for a public-private partnership to buy banks' toxic assets may still be weeks away.
News & Articles

Quotes

  • Ben Bernanke in CanadianBusiness.com
    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.
  • Brian Cashman in International Herald Tribune
    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...
  • Glenn Stevens in AFP
    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.

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