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The World Service is a huge asset doing generally excellent work.
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Where an asset does not perform, it is suspect.
"Just because you have title to an asset doesn't mean you own the asset," Wasser said.
"It may be that the risk-free asset does re-emerge as being U.S. Treasuries after a calamity," he said.
The underlying asset does not pay dividends.
The underlying asset does not pay dividends. .
Economists usually define bubbles as situations in which the price of an asset does not match its underlying value.
Sullivan claims that "the classification of these [excess line connection] costs as an asset does not contradict the definition of assets" issued by the Financial Accounting Standards Board.
But, no asset does worse than bonds when inflation hits.
What sort of assets do banks accept as collateral?
But most trade-finance assets do not change hands before they mature.
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