This time we are looking on the crossword clue for: Property.
it’s A 8 letters crossword puzzle definition. See the possibilities below.
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Possible Answers: ASSET, ESTATE, TRAIT, ASSETS, ESTATES, REALTY, REALESTATE, PREMISES, CHATTEL, HOLDINGS.
Random information on the term “ASSET”:
In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace. Examples of intangible assets include goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.
Random information on the term “ASSETS”:
In accounting under the traditional historical cost paradigm, historical cost is the original nominal monetary value of an economic item. Historical cost is based on the stable measuring unit assumption. In some circumstances, assets and liabilities may be shown at their historical cost, as if there had been no change in value since the date of acquisition. The balance sheet value of the item may therefore differ from the real value.
While historical cost is criticised for its inaccuracy (deviation from real value), it remains in use in most accounting systems during low and high inflation and deflation. During hyperinflation, International Financial Reporting Standards require financial capital maintenance in units of constant purchasing power in terms of the monthly CPI as set out in IAS 29 Financial Reporting in Hyperinflationary Economies. Various corrections to historical cost are used, many of which require the use of management judgment and may be difficult to verify. The trend in most accounting standards is a move to more accurate reflection of the fair or market value, although the historical cost principle remains in use, particularly for assets of little importance.