search  homepage  organisation  know how  online forum  Links  registration  Password forgotten? partner login partner ID    password  about fmswiss.ch  FAQ & help tool  goals  conditions  email   lexicon/glossary     search :       2011 entries  A B C D E F G H I J K L M N O P Q R S T U V W X Y Z   Asset   Something, such as a building or piece of equipment, that retains value for a period of time (longer than one year) after it is purchased. An asset has residual value as well as a predicted economic life, usually expressed in years, that represents the period of time during which it will retain some economic value.