What are assets? A asset is something of value that you own and can convert to cash. Your car or your house are assets, because you could sell either and receive its value in cash. An asset is ...

Discover what physical assets are, their types, and how they're accounted for in business. Learn how they impact financial statements and business operations.

In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.

Editor's note: A version of this article was initially published on March 2, 2017. It is part of Morningstar's Tax and IRA Guide special report. You've run the numbers and determined whether your ...

Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...

Asset maintenance is a component of asset monitoring designed to increase the lifespan of a company’s machinery, devices, and equipment. The process is important for any business serious about keeping ...

Asset-based lending (ABL) helps businesses borrow against receivables, inventory, and equipment. Learn how ABL works, who ...

Discover what reinsurance recoverables encompass, how they function as assets for insurers, and their impact as liabilities for reinsurers. Learn types and financial implications.

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...