Usable, yet barely profitable, parcel of land or some other concrete entity. When a property fails to return a tangible profit, yet is efficiently used and is a key production process asset, the property gets this tag.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Usable, yet barely profitable, parcel of land or some other concrete entity. When a property fails to return a tangible profit, yet is efficiently used and is a key production process asset, the property gets this tag.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.