floating asset |
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Definition
Asset that is continually changing in quantity and/or value, such as amount of accounts receivable, cash, inventory, outstanding shares.
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floating asset is in the Accounting & Auditing, Banking, Commerce & Finance and Investing subjects.
floating asset appears in the definitions of the following terms: specific lien, floating charge and fixed and floating charge
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http://www.businessdictionary.com/definition/floating-asset.html







