The phrase "a third party asset" is correct and usable in written English.
It can be used in contexts involving finance, law, or technology, where assets are owned or controlled by an entity that is not the primary party involved in a transaction or agreement.
Example: "The company decided to sell a third party asset to improve its cash flow and reduce liabilities."
Alternatives: "an external asset" or "a non-affiliated asset".
The investment portfolio has performed sluggishly, it says; costs are too high and inflexible; and two subsidiaries, a fund administration platform and a third-party asset management business, have been drains on resources.
Focusing on providing planning suggestions with regard to network capability and constraints, AEMO leaves the investment decision to involved third party asset owners.
Standard Life Investments, which manages the company's savings assets while 47% of its business is in managing assets from elsewhere, saw an inflow of third party assets of £600m, down sharply on last year's first-half figure of £2.9bn.
The board has concluded that in light of poor results, significant redemptions and further anticipated redemptions, third party assets under management will fall to a level that will make RAB's business model difficult to sustain as a publicly quoted company.
Another is arbitration, letting a third party determine how assets are divided.
Required disclosures include whether a third party holds the assets you might hand over (a good protection, which, alas, wasn't the case with Madoff) and any regulatory baggage.
If an investor relies on a third party adviser for digital asset investment and provides that adviser with investment discretion over such assets, yet another trusted third party will be added to the ecosystem, further compounding the problem.
Where a CCP deposits assets and funds with a third party, it shall ensure that assets and funds belonging to a clearing member are kept separately from the assets and funds belonging to the CCP or other clearing members and from assets and funds belonging to that third party.
A license agreement may be a revenue producer that is critical to the licensor's efforts to reorganize or the licensor may wish to sell its trademarks and license agreements to a third party as part of an asset sale.
And because G.M. is selling assets to a new government-backed company — as opposed to a third party, as Chrysler did in its asset sale to a Fiat-run entity — a number of these opponents argue that its turnaround plan was negotiated in bad faith.
