Oxford Business English Dictionary for Learners of English

'asset mix — investment mix

'asset-,stripping noun [u] (Finance) the practice of buying a company which is in financial difficulties at a low price and then selling everything that it owns in order to make a profit, without thinking about the future of the company: The new chairman said he was not in the business of asset-stripping, ►'asset-,stripper noun [C]

.assets under 'management noun [u] (abbr

aum)

(Accounting) the total value of the shares, cash, etc. that an investment company manages for its customers: The fund has $30 billion of assets under management.

.asset 'turnover noun [u,c] (also .asset 'turnover .ratio [C, usually sing.])

(Accounting) the total amount of goods or services sold by a company compared to the value of its assets, used as a measure of how efficiently the company uses its assets: A typical grocery store has an asset turnover of 2.5 to 3.

'asset .value noun [c,u] see also: net asset value

(Accounting) the value of a company calculated by adding together the value of all its assets: Most

asset value per share 28

water companies are trading below their asset value. ► 'asset validation noun [u]

'asset 'value per 'share noun [u]

see also: net asset value per share

{Accounting) the total value of the assets that a company has, divided by the number of shares issued (= sold): an increase in asset value per share Hyn] asset backing

assign /a'sain/ verb [+ obj]

assign sth (to sb) | assign (sb) sth to give money, equipment, staff, etc. to sth/sb for a particular purpose: We have assigned 20% of our budget to the project, о New employees are assigned a mentor.

assign sth to sb | assign sb sth to give sb a particular job to do: He's been assigned the task of creating an online magazine.

{often be assigned) to send sb to work for a particular person or in a particular place: I've been assigned to your team.

to say that sth has a particular value or function: You need to assign priority levels to different tasks.

{Law) to officially arrange for your property or legal rights to belong to sb else: The author assigns the copyright to the publisher.

assignment /a'sainmant/ noun

[C] a piece of work that sb is given to do, usually as part of their job: The project started out as a fairly routine assignment, о She has been given a tough assignment.

to accept/refuse/reject/take (on)/turn down an

assignment ♦ to give sb an assignment ♦ to carry out/complete/work on/finish an assignment

[u] the act of giving sb a particular task or sending them to work somewhere for a time: He has requested assignment to other duties in the company, о I was on assignment in Germany.

{Law) [u,C] the act of officially arranging for your property or legal rights to belong to sb else: an assignment of leasehold property

assignment clause noun [c] {Law) a part of an insurance agreement or a contract that allows sb to pass their rights to sb else: He transferred the policy to the bank under an assignment clause.

as'signment work noun [u] {AmE) {HR) work done by people who do not have a permanent contract with a company Isyni contingent work ► as signment .worker noun [c]

assist /a'sist/ verb

[+ obj or no obj] to help sb to do sth, especially by doing a share of the work: You will be employed to assist the manager with his duties, о The chairman of the committee is assisted by a technical director.

[+ obj] (often be assisted) to help sth to happen more easily: Development was assisted by government loans.

assistant /a'sistant/ noun, adjective {abbr asst)

noun [C]

see also: administrative assistant, bank executive personal sales shop ~

a person who is below a senior person and helps them in their work: the managing director and his assistant о His first job in the company was as an assistant to the marketing director.

{BrE) a person whose job is to serve customers in a shop/store: The assistants price the items as they stack them on the shelves. sales clerk See note at chairman

adjective [only before noun] {often used in titles) having a rank below a senior person and helping them in their work, often doing the senior person's