Conclusion
Assets in hand is a term that is commonly used in financial and business contexts. It refers to the assets that a company or individual currently possesses and has available for immediate use. This article will explore the definition and meaning of assets in hand, as well as its origin and associations.
Definitions
Assets in hand are defined as the assets that a company or individual currently possesses and has available for immediate use. These assets can include cash, stocks, bonds, real estate, and other tangible or intangible assets.
Origin
The origin of assets in hand can be traced back to the early days of commerce and trade. As businesses began to grow and expand, they needed a way to keep track of their assets and resources. The concept of assets in hand emerged as a way to measure the value of a company’s assets at any given time.
Meaning in different dictionaries
The meaning of assets in hand is consistent across different dictionaries. It is defined as the assets that a company or individual currently possesses and has available for immediate use.
Associations
Assets in hand are often associated with liquidity, which refers to the ability of a company or individual to convert their assets into cash quickly and easily. This is important because it allows businesses to meet their financial obligations and take advantage of new opportunities as they arise.
Synonyms
Some synonyms for assets in hand include current assets, liquid assets, and available assets.
Antonyms
Antonyms for assets in hand include non-liquid assets, fixed assets, and long-term assets.
The same root words
The same root words for assets in hand include asset, which refers to any resource owned by a company or individual that has value and can be used to generate income, and hand, which refers to the physical act of holding or possessing something.
Example Sentences
- The company’s assets in hand include $10 million in cash and $5 million in stocks.
- The individual’s assets in hand include a house, a car, and $50,000 in savings.
- The company’s liquidity ratio is high because of its significant assets in hand.
Assets in hand are an essential concept in finance and business. They refer to the assets that a company or individual currently possesses and has available for immediate use. Understanding assets in hand is crucial for businesses to manage their financial resources effectively and take advantage of new opportunities as they arise.