DefinitionKnowledge management is the process of creating, sharing, using and managing the knowledge and information of an organisation. It refers to a multidisciplinary approach to achievin

Identifiable Asset What is an 'Identifiable Asset' An identifiable asset is an asset of an acquired company that can be assigned a fair value and can be reasonably expected to provide a be

DefinitionNatural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms. Some natural capital assets provide people with free

DefinitionOver-the-counter or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exch

Absolute Physical Life What is 'Absolute Physical Life' The length of time that it takes for an asset takes to become fully depreciated, at which time it provides no additional use. The ab

Above Water What is 'Above Water' 1. Refers to the condition of a company's asset when its actual value is higher than the book value used in its financials. Explaining 'Above Water' 1.

Real Asset What is a 'Real Asset' Real assets are physical assets that have value due to their substance and properties. Real assets include precious metals, commodities, real estate, agri

DefinitionFixed assets, also known as tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. This c

DefinitionFiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value, and has value only because

Watercraft Nonowned Insurance What is 'Watercraft Nonowned Insurance ' A type of financial safeguard that covers marine vessels that are owned by someone other than the policyholder while