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  2. Asset (economics) - Wikipedia

    en.wikipedia.org/wiki/Asset_(economics)

    The subfield of asset pricing (or valuation) is the financial evaluation of the value of such assets; the primary method used by today's financial analysts is the discounted cash flow method. With this method, an asset's future cash flows are either assumed to be known with certainty (as in a treasury bond which is risk

  3. Asset - Wikipedia

    en.wikipedia.org/wiki/Asset

    An economic resource is a right that has the potential to produce economic benefits." [6] The definition under US GAAP (Generally Accepted Accounting Principles used in the United States of America): "An asset is a present right of an entity to an economic benefit." [7]

  4. Capital accumulation - Wikipedia

    en.wikipedia.org/wiki/Capital_accumulation

    Capital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains.

  5. Asset specificity - Wikipedia

    en.wikipedia.org/wiki/Asset_specificity

    Physical asset specificity, e.g. a specialized machine tool or complex computer system designed for a single purpose; Human asset specificity, i.e., highly specialized human skills, arising in a learning by doing fashion; and; Dedicated assets, i.e. a discrete investment in a plant that cannot readily be put to work for other purposes.

  6. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  7. Managerial economics - Wikipedia

    en.wikipedia.org/wiki/Managerial_economics

    Managerial economists define managerial economics in several ways: It is the application of economic theory and methodology in business management practice. Focus on business efficiency. Defined as "combining economic theory with business practice to facilitate management's decision-making and forward-looking planning."

  8. National accounts - Wikipedia

    en.wikipedia.org/wiki/National_accounts

    As to stocks, the 'capital accounts' are a balance-sheet approach that has assets on one side (including values of land, the capital stock, and financial assets) and liabilities and net worth on the other, measured as of the end of the accounting period. National accounts also include measures of the changes in assets, liabilities, and net ...

  9. Complementary assets - Wikipedia

    en.wikipedia.org/wiki/Complementary_assets

    Complementary assets are assets that when owned together increase the value of the combined assets. It is defined as “the total economic value added by combining certain complementary factors in a production system, exceeding the value that would be generated by applying these production factors in isolation.” [1] Thus two assets are said to be complements when investment in one asset ...

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    define asset in economics science and management system quizlet exam 7 answers