Admitted Assets

Business, Legal & Accounting Glossary

Definition: Admitted Assets


Admitted Assets


Full Definition of Admitted Assets


The assets of an insurance company that are permitted by state law to be included in the financial statements of the company. Even though each state has discretion over its own insurance laws, there is a general consensus by which various assets should be suitable to use then determining the solvency of the insurance company.


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https://payrollheaven.com/define/admitted-assets/
Modern Language Association (MLA):
Admitted Assets. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/admitted-assets/.
Chicago Manual of Style (CMS):
Admitted Assets. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/admitted-assets/ (accessed: December 04, 2021).
American Psychological Association (APA):
Admitted Assets. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/admitted-assets/

Definition Sources


Definitions for Admitted Assets are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.