Hidden Asset

Business, Legal & Accounting Glossary

Definition: Hidden Asset




What is the dictionary definition of Hidden Asset?

Dictionary Definition


n. an item of value which does not show on the books of a business, often excluded for some improper purpose such as escaping taxation or hiding it from a bankruptcy trustee. However, there may be a legitimate business reason for not including all assets on a profit and loss statement.


Cite Term


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Page URL
https://payrollheaven.com/define/hidden-asset/
Modern Language Association (MLA):
Hidden Asset. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 18, 2021 https://payrollheaven.com/define/hidden-asset/.
Chicago Manual of Style (CMS):
Hidden Asset. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/hidden-asset/ (accessed: September 18, 2021).
American Psychological Association (APA):
Hidden Asset. PayrollHeaven.com. Retrieved September 18, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/hidden-asset/

Definition Sources


Definitions for Hidden Asset 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: 28th April, 2020 | 0 Views.