- legal asset
- legal asset UK US noun [C] LAW► something that a person or company owns and can be used to pay a debt: »
Legal assets include things such as intellectual property.
Financial and business terms. 2012.
legal asset
Look at other dictionaries:
asset — as·set / a ˌset, sət/ n [back formation from assets, singular, sufficient property to pay debts and legacies, from Anglo French asetz, from Old French asez enough] 1: the entire property of a person, business organization, or estate that is… … Law dictionary
Asset protection — (sometimes also referred to as debtor creditor law) refers to a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments, creditors such as… … Wikipedia
asset-backed securities — International asset backed securities, Also referred to as ABS. debt securities (debt security) (such as bonds or notes) which are issued in the course of a securitisation and backed, that is funded by and secured over, a portfolio of cash flow… … Law dictionary
asset-backed security — International asset backed securities, Also referred to as ABS. debt securities (debt security) (such as bonds or notes) which are issued in the course of a securitisation and backed, that is funded by and secured over, a portfolio of cash flow… … Law dictionary
asset backed securities — International asset backed securities, Also referred to as ABS. debt securities (debt security) (such as bonds or notes) which are issued in the course of a securitisation and backed, that is funded by and secured over, a portfolio of cash flow… … Law dictionary
asset backed security — International asset backed securities, Also referred to as ABS. debt securities (debt security) (such as bonds or notes) which are issued in the course of a securitisation and backed, that is funded by and secured over, a portfolio of cash flow… … Law dictionary
asset-based lending — USA asset based lending (ABL), Also known as asset based loan. A type of revolving loan where a lender lends an amount based on specific assets of the borrower rather than the borrower s cash flows. The lender lends up to a certain percentage of… … Law dictionary
asset-based loan — USA asset based lending (ABL), Also known as asset based loan. A type of revolving loan where a lender lends an amount based on specific assets of the borrower rather than the borrower s cash flows. The lender lends up to a certain percentage of… … Law dictionary
asset-backed commercial paper — (ABCP) United Kingdom A form of commercial paper that is secured by the future cash flows from a wide variety of financial assets. Known as receivables , such assets may include trade and credit card receivables, equipment and consumer loans, ABS … Law dictionary
asset — [as′et] n. [earlier assets < Anglo Fr assetz (in legal phrase aver assetz, to have enough) < OFr assez, enough < VL * ad satis, sufficient < L ad, to + satis, enough: see SAD] 1. anything owned that has exchange value 2. a valuable or … English World dictionary
