Oxford Business English Dictionary for Learners of English

a person who is an expert in sth who looks at all the information and judges how good sb/sth is: The product got a good rating from a team of independent assessors.

(Property) a person who decides the amount of tax you have to pay for the buildings and land that you own: According to tax assessors' records, the estate was assessed at $1.4 million in 2005.

(Insurance) a person whose job is to help you make a claim against an insurance company: We called in insurance assessors after part of the building was damaged by fire, о a claims assessor isyni loss assessor loss adjuster

(Law) an expert in a particular subject who is asked by a court or other official group to give advice

asset /'aeset/ noun [C, usually pi.]

see also: capital asset, chargeable charge on circulating current financial fixed etc.

a thing of value that a person or a company owns, such as money or property or the right to receive payment of a debt: The group has total assets of 1.2 billion, о The vehicle is recorded as an asset in the company accounts, о Foreign companies were prevented from buying local media assets (= media businesses), о (figurative) Our staff are our most valuable asset. liability

О to have/hold/own/possess assets ♦ to acquire/buy/ dispose of/increase/reduce/sell assets ♦ to record/ show sth as an asset ♦ to freeze/release/unfreeze

assets

'asset ac.count noun [c] (Accounting) a part of a company's financial records that shows the value of money, investments or other things which the company owns

.asset appreciation = capital appreciation 'asset-, backed adjective (,Finance) used to describe a type of investment that

| 27 asset value

a financial institution sells to investors. The company buys debts, such as car loans, and then sells investors the right to receive payments that the people who owe the money make: asset-backed bonds/issue/debt о the asset-backed securities market ABS

'asset .backing noun [u] (Accounting) a measure of the value of a company's assets, calculated by dividing the total value of its assets by the number of shares issued (= sold): The company has strong asset backing, worth 3 per share. Isyni asset value per share

'asset base noun [c] (Accounting; Finance) the total value of the assets that a company has: The business needs to widen its asset base, о an asset base of $3.6 billion

'asset .coverage noun [u] (Accounting) a measure of how easily a company can pay its debts, calculated by dividing the total value of the company's assets by its debts: a company with limited net asset coverage

'asset deflation noun [u] (Economics) a fall in the value of assets, for example property, compared to the rate of economic growth: Japan's two-year process of asset deflation о the erosion of confidence created by asset deflation

'asset inflation noun [u,c] (.Economics) a rise in the value of assets, for example property, compared to the rate of economic growth: The international economy was kept going by an amazing asset inflation and a US consumer boom.

'asset .management noun [u] (Finance)

the act of managing a company's financial assets in order to get the highest amount of profit from them: a London-based asset management firm/ company о Asset management revenue rose 3% to $368 million.

a service offered by banks and some other financial institutions that gives advice to customers on investments

► 'asset .manager noun [c]: a US investment bank and asset manager