Business and Personal Finance Dictionary

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• ASSETS
  
  Everything a person or a company owns has a right to, from which a benefit can derive, such as money, securities, equipment and buildings Fixed assets include land, machines and buildings. Current assets consist of cash, money owed, stock, investments and work in progress. Intangible assets are goodwill, trade marks, patents, etc. Liquid assets are funds kept in cash or in a form that can be quickly and easily turned into cash.
  
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