These are examples of assets not normally easily disposed of. Key Takeaway: Formally, if an asset isn't expected to be cashable within a year, it isn’t considered a current asset. In business, a ...

Accounting divides your company assets into two classes: current and long-term. Current assets include cash and anything you use up or convert to cash over the next 12 months. Typical examples are ...

Fixed assets are assets that are staples of your business, like property, equipment, and plants. These assets are tangible and depreciable, and typically last for longer than one year. Understanding ...

Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.

Discover what aged assets are, how they impact businesses, their advantages and disadvantages, and explore real-world examples to better manage financial decisions.

In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.

Over the past 30 years, the S&P 500 and the Nasdaq—both productive assets—have surged almost fivefold and eightfold, respectively. In contrast, gold, a nonproductive asset, has only risen 2.5 times in ...