Meaning ASSET SUBSTITUTION: Occurs when a firm invests in assets that are riskier than those that the debtholders expected
More terms such as Asset substitution in Dictionary A.
- Definition Australian Stock Exchange (ASX):
- Examples following the amalgamation of the six independent stock exchanges operating in the Australian state capitals. The ASX is the tenth-largest stock exchange in the world on the basis of domestic asset substitution definition.
- Definition Agency:
- Examples general equities, buying or selling for the account and risk of a customer. Generally, an agent, or broker, acts as intermediary between buyer and seller, taking no financial risk personally or as a asset substitution explain.
- Definition Adverse Opinion:
- Examples An independent auditor's opinion expressing that a firm's financial statements do not reflect the company's position accurately. See also: Qualified opinion asset substitution what is.
- Definition Accrual Basis:
- Examples accounting, practice in which expenses and income are accounted for as if they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting asset substitution meaning.
- Definition Agency Costs:
- Examples The incremental costs of having an agent make decisions for a principal asset substitution abbreviation.
