asset backing

/'æset ˌbækɪŋ/ noun
a support for a share price provided by the value of the company’s assets
he has an excess of assets over liabilities
her assets are only £640 as against liabilities of £24,000

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • asset backing — ➔ backing * * * asset backing UK US noun [U] (also asset cover) ► ACCOUNTING, FINANCE the total value of a company s shares, in relation to its assets: »The retailer seems to have great asset backing, but how much are its stores really worth? …   Financial and business terms

  • asset backing — /ˈæsɛt bækɪŋ/ (say aset baking) noun the book value of the assets of a company usually expressed on a per share basis …   Australian English dictionary

  • net asset backing — ➔ backing * * * net asset backing UK US noun [U] STOCK MARKET, FINANCE ► a measure of the value of shareholders’ investment in a company, calculated by subtracting its total debt from its total assets and dividing the result by the number of… …   Financial and business terms

  • backing — back‧ing [ˈbækɪŋ] noun [uncountable] FINANCE COMMERCE support or help, especially financial help: • The proposals have the backing of the EU Commissioner for the Environment. • The consultancy was formed with financial backing from Saatchi and… …   Financial and business terms

  • asset cover — noun [uncountable] another name for asset backing * * * asset cover UK US noun [U] ► ACCOUNTING, FINANCE ASSET BACKING(Cf. ↑asset backing) …   Financial and business terms

  • asset — [n1] advantage aid, benefit, blessing, boon, credit, distinction, help, resource, service, treasure; concept 661 Ant. disadvantage, liability asset(s) [n2] property or money possessed ace in the hole*, ace up sleeve*, backing, bankroll, budget,… …   New thesaurus

  • Asset-Backed Security - ABS — A financial security backed by a loan, lease or receivables against assets other than real estate and mortgage backed securities. For investors, asset backed securities are an alternative to investing in corporate debt. An ABS is essentially the… …   Investment dictionary

  • Digital asset management — (DAM) consists of management tasks and decisions surrounding the ingestion, annotation, cataloguing, storage, retrieval and distribution of digital assets. Digital photographs, animations, videos and music exemplify the target areas of media… …   Wikipedia

  • Term Asset-Backed Securities Loan Facility - TALF — A program created by the U.S. Federal Reserve in November, 2008 to boost consumer spending to help jumpstart the economy. This is accomplished through the issuance of asset backed securities. The collateral for these securities is made up of… …   Investment dictionary

  • Capital gains tax in Australia — Capital Gains Tax (CGT) in Australia applies to the capital gain made on disposal of any asset, except for specific exemptions. The most significant exemption is the family home. Rollover provisions apply to some disposals, one of the most… …   Wikipedia

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