concealed asset

noun

: a tangible or intangible asset that is not reflected on the balance sheet in accounting or finance or that is carried at nominal value (as stock of a subsidiary or a valuable patent)

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Cite this Entry

“Concealed asset.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/concealed%20asset. Accessed 22 Dec. 2024.

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