Quantcast

Long-term assets

Definition:

Value of property, equipment, and other capital assets minus the depreciation. This is an entry in the bookkeeping records of a company. It is usually established on a "cost" basis, and thus does not necessarily reflect the market value of the assets.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Breaking the syndicate

Terminating an agreement among underwriters, specifically the investment banking group assembled to underwrite the issue of a security.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio