Real assets
Identifiable assets, such as buildings, equipment, patents, and trademarks, as distinguished from a financial obligation. |
Similar financial terms
Real optionAn option involving real (as opposed to financial) assets where. Real assets include land. plant, and machinery.
After-tax real rate of return
Money after-tax rate of return minus the inflation rate.
REMIC (real estate mortgage investment conduit)
A pass-through tax entity that can hold mortgages secured by any type of real property and issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986.
REIT (real estate investment trust)
Real estate investment trust, which is similar to a closed-end mutual fund. REITs invest in real estate or loans secured by real estate and issue shares in such investments.
Realized return
The return that is actually earned over a given time period.
Realized compound yield
Yield assuming that coupon payments are invested at the going market interest rate at the time of their receipt and rolled over until the bond matures.
Real time
A real time stock or bond quote is one that states a security's most recent offer to sell or bid (buy). A delayed quote shows the same bid and ask prices 15 minutes and sometimes 20 minutes after a trade takes place.
Real market
The bid and offer prices at which a dealer could do "size." Quotes in the brokers market may reflect not the real market, but pictures painted by dealers playing trading games.
Real interest rate
The rate of interest excluding the effect of inflation; that is, the rate that is earned in terms of constant-purchasing-power dollars. Interest rate expressed in terms of real goods, i.e. nominal interest rate adjusted for inflation.
Real exchange rates
Exchange rates that have been adjusted for the inflation differential between two countries.
Real cash flow
A cash flow is expressed in real terms if the current, or date 0, purchasing power of the cash flow is given.
Real capital
Wealth that can be represented in financial terms, such as savings account balances, financial securities, and real estate.
Foreign Investor in Real Property Tax Act of 1980
Under FIRPTA (Foreign Investor in Real Property Tax Act of 1980), and the Economic Recovery Act of 1981, unless an exemption is granted by the IRS, upon the sale of real property owned by offshore (foreign) persons, the agency, attorney or escrow officer handling the transaction is required to withhold capital gains taxes at the closing of the sale transaction. Unless withheld and submitted to the IRS, the party handling the sale transaction is personally liable for the taxes.
Montreal Stock Exchange (MSE)
One of the four major stock exchanges in Canada.
Assets
Anything that the firm owns. In the balance sheet, assets are divided into intangible assets and tangible assets.
Current Assets
The value of assets held at the Balance Sheet date that are represented by cash, or can be expected to be converted into cash within the next 12 months.
Deferred assets
Payments that will be assigned as expenses in a later period, but that are paid in advance and temporarily set up as assets on the balance sheet.
Fixed assets
Alternative name for noncurrent assets.
Acquisition of assets
A merger or consolidation in which an acquirer purchases the selling firm's assets.
Return on total assets
The ratio of earnings available to common stockholders to total assets.
Return on assets (ROA)
Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets).
Residual assets
Assets that remain after sufficient assets are dedicated to meet all senior debtholder's claims in full.
Reproducible assets
A tangible asset with physical properties that can be reproduced, such as a building or machinery.
Quick assets
Current assets minus inventories.
Publicly traded assets
Assets that can be traded in a public market, such as the stock market.
Other current assets
Value of non-cash assets, including prepaid expenses and accounts receivable, due within 1 year.
Non-reproducible assets
A tangible asset with unique physical properties, like a parcel of land, a mine, or a work of art.
Net assets
The difference between total assets on the one hand and current liabilities and noncapitalized longterm liabilities on the other hand.
Long-term assets
Value of property, equipment and other capital assets minus the depreciation. This is an entry in the bookkeeping records of a company, usually on a "cost" basis and thus does not necessarily reflect the market value of the assets.
Admitted Assets
Assets admitted by state law to be included in an insurance company's annual statement. These assets are an important item when regulators measure insurance company solvency. They may include mortgages, stocks, bonds and real estate.
