Assets

(Latin activus - active) - 1) a set of property rights (material assets, cash, debt claims, etc.) belonging to an individual or legal entity. A. is divided into tangible (buildings, structures, machinery and equipment, inventories, bank deposits, investments in securities, packages, debt obligations of other enterprises, special rights to use resources) and intangible assets (intellectual product, patents, debt obligations of other enterprises, special rights to use resources); 2) part of the balance sheet, reflecting as of the reporting date the tangible and intangible (goodwill) values of the enterprise grouped according to their role in the process of reproduction in monetary terms, their composition and placement; 3) in some types of balance sheets - excess of income over expenses. The balance sheet has passive. The result of A. balance is equal to the total of liabilities.