hidden asset
n.
An asset recorded on a company’s books at much less than its market value.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


hidden asset
An item of value that does not show on the books of a business, often excluded for an improper purpose, such as escaping taxation or hiding it from a bankruptcy trustee.
Category: Bankruptcy, Foreclosure & Debt → Bankruptcy
Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances
Category: Business Cash Flow Problems & Bankruptcy
Category: Business, LLCs & Corporations → Business Tax & Deductions
Category: Personal Finance & Retirement → Taxes → Tax Audits

Nolo’s Plain-English Law Dictionary. . 2009.

hidden asset
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.

Law dictionary. . 2013.

Look at other dictionaries:

  • Hidden asset — In finance, a hidden asset is an asset that is not shown on a balance sheet. [cite web | url=http://www.investorwords.com/2303/hidden asset.html | title=Hidden asset definition | publisher=InvestorWords.com | accessdate=2007 01 21] An example of… …   Wikipedia

  • hidden asset — Asset carried on books at a substantially reduced or understated value; its market value being greater than its book value …   Black's law dictionary

  • hidden asset — Asset carried on books at a substantially reduced or understated value; its market value being greater than its book value …   Black's law dictionary

  • hidden asset — /ˌhɪd(ə)n æset/ noun an asset which is valued much less in the company’s accounts than its true market value …   Dictionary of banking and finance

  • asset — as·set / a ˌset, sət/ n [back formation from assets, singular, sufficient property to pay debts and legacies, from Anglo French asetz, from Old French asez enough] 1: the entire property of a person, business organization, or estate that is… …   Law dictionary

  • asset — noun 1 useful person/thing ADJECTIVE ▪ big, considerable, great, important, invaluable, precious, priceless, real, tremendous, useful …   Collocations dictionary

  • hidden — adj. Hidden is used with these nouns: ↑agenda, ↑asset, ↑assumption, ↑camera, ↑cause, ↑compartment, ↑corner, ↑cost, ↑curriculum, ↑danger, ↑depth, ↑desire …   Collocations dictionary

  • hidden reserve — Funds held in reserve but not disclosed on the balance sheet (they are also known as off balance sheet reserves or secret reserves). They arise when an asset is deliberately either undisclosed or undervalued. Such hidden reserves are permitted… …   Accounting dictionary

  • hidden reserve — Funds held in reserve but not disclosed on the balance sheet (they are also known as off balance sheet reserves or secret reserves). They arise when an asset is deliberately either undisclosed or undervalued. Such hidden reserves are permitted… …   Big dictionary of business and management

  • Transformative asset — Transformative assets are assets that may provide resources for social and economic mobility. Examples of transformative assets include homeownership and inheritances. These assets enable families to have access to resources or to achieve a… …   Wikipedia

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