hard asset definition

hard asset

Tangible asset, whether physical (such as land, buildings, inventory, machines) or financial (cash, credit, financial instruments). The assets are listed on the left-hand side of a balance sheet are hard assets.

hard asset is in the Accounting & Auditing, Banking, Commerce & Finance and Investing subjects.

hard asset appears in the definitions of the following terms: soft asset and hard cost

This content can be found on the following page:

http://www.businessdictionary.com/definition/hard-asset.html