asset management

(redirected from Surplus management)
Also found in: Financial.

asset management

(business)
The process whereby a large organisation collects and maintains a comprehensive list of the items it owns such as hardware and software. This data is used in connection with the financial aspects of ownership such as calculating the total cost of ownership, depreciation, licensing, maintenance, and insurance.
References in periodicals archive ?
The software solution would provide a transparent Surplus Management system for the surplus lifecycle process.
EquipmentOne marketplace and AssetWorks Surplus Management Software (SMS).
The food will be reprocessed by Irish firm Food Surplus Management at its plant in Trim, Co Meath.
Overall, the goal is to create a professional business community that can have more positive bottom-line impact for all members involved in surplus management and disposition.
Since mutuals have no separately traded equity, accounting numbers are a critical input in this valuation, incentives for surplus management vary across firms; the strongest evidence of surplus management is observed among firms where the mutual's executives become the firm's principal stockholders following conversion.
They propose the following measures: the progressive transfer of surplus management resources to rural structural policy, including the promotion of quality products means of identifying these products, and a mandatory link between ecological and labour premiums (modulation) in all the Member States.
The previous section provides theoretical models for an insurance company's surplus management.