An asset that is not yet recorded on the balance sheet, but that which has a good sign of growing in economic value in the near future.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An asset that is not yet recorded on the balance sheet, but that which has a good sign of growing in economic value in the near future.
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.