Revision as of 21:57, 28 November 2003 by Jukeboksi (talk | contribs) (basic definition + uses of asset information)
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Asset is a feature of a company or of a consumer if the product in question is an investment instrument.

In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group actiong together, e.g. a company, the value of which can be expressed in monetary terms.

Assets may be classified in many ways. The principal distinction normally made for business purposes is between:

  • fixed assets and
  • current assets.

See w:Asset for more precise and in depth description

Usefullness of Asset Information

Assets are interesting in the context of Consumerium since they provide a uniform way of calculating ratios regarding actions of companies.

Asset information can be used to detect the company size so it is a important research area in the future