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Property. The term asset may refer to anything owned by anyone. A person's assets are the total of cash on hand plus balances in a checking account, savings account, IRA, 401K, stock portfolio, cryptocurrency account, as well as equity in automobiles, home and business. See crypto asset.
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References in periodicals archive ?
China XD Plastics Company Limited (NASDAQ: CXDC), a China-based specialty chemical company engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, is signing a deleveraging investment framework agreement by and among its subsidiary, Heilongjiang Xinda Enterprise Group Company Limited, CCB Financial Asset Investment Co.
Freedom Financial Asset Management offers personal loans to help consumers consolidate their debt, lower interest rates and convert revolving debt into lower-cost, more consumer-friendly installment loans.
The government is working on a national policy that could see all holders of unclaimed financial assets submit them to the Unclaimed Financial Assets Authority (UFAA).
"How To Do Financial Asset Investigations" also addresses organized crime's impact on the Internet and financial transactions in cyberspace, as well as the impact of portable digital devices on civil and criminal investigations and the new challenges for investigators working through the electric labyrinth, including the Deep Web and the Dark Web.
The country's financial assets invested overseas reached $1.247 trillion at the end of September, up $53.4 billion from three months earlier.
The survey divides asset holdings between financial assets and nonfinancial assets (like houses and cars).
The IRS has taken aggressive steps to monitor taxpayers' foreign financial assets as a way to increase compliance.
Travel Business Review-August 17, 2012--Deutsche Bundesbank - Acquisition of financial assets and financing in Germany in the first quarter of 2012; Results of the financial accounts by sector(C)2012] ENPublishing -
taxpayers who hold an interest in a "specified foreign financial asset" in excess of $50,000 during the taxable year to report information regarding those foreign assets.
As a general matter, a "specified person" must file Form 8938 if the person has an interest in one or more specified foreign financial asset, and those assets have an aggregate fair market value exceeding either $50,000 on the last day of the taxable year, or $75,000 at any time during the taxable year.
The total outstanding balance of financial assets held by households grew 0.1 percent from a year earlier to 1,471.13 trillion yen.
These are uncertainties of the underlying financial asset totally beyond the servicer's control.

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