Sentence examples for asset equivalent from inspiring English sources

The phrase "asset equivalent" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or economics to refer to an asset that has the same value or function as another asset.
Example: "In evaluating the company's financial health, we must consider the asset equivalent of its investments in real estate."
Alternatives: "equivalent asset" or "asset parity".

Exact(1)

That transaction creates a foreign currency asset equivalent to the size of the remittance, which can be used as collateral for borrowing cheaply and over the long term in overseas capital markets.

Similar(55)

The document adds that by the end of 2007 Icelandic banks had amassed consolidated assets equivalent to 880 percent of Icelandic G.D.P.

Estonia was more prudent during the boom, building up net public assets equivalent to 7% of GDP.

Between March 2009 and January 2010 the Bank bought £200bn of assets, equivalent to about 14% of GDP to help breathe life into the UK economy following the credit crunch.

That implies the removal from the system of assets equivalent to those held by the weakest 69 of Japan's 142 banks.

The IMF's "base case" is that American and European banks will shed some $10 trillion of assets, equivalent to 14.5% of their stock of bank credit in 2009.

Analysis of data from the Survey of Consumer Finances indicates that, in 2010, the Walton family controlled assets equivalent to those of the bottom 42 percent of American families.

The country's bank restructuring agency, which controls assets equivalent to more than half the economy, is also responsible for plugging roughly half the budget deficit by selling some of those assets.

In a nation of 1.2 billion, India's 100 richest people own assets equivalent to one-fourth of their gross domestic product (and the country's customer service could be better).

They found that none of them, including Hurricane Andrew in 1992, which destroyed assets equivalent to 1% of GDP, had had any discernible effect on growth beyond the quarter in which they occurred.

Three-quarters of the megabanks' assets are now financed by sticky deposits, equity or long-term debt.Yet as students of Japan's zombie banks know, nasties may lurk in the megabanks' $7.4 trillion of assets (equivalent to about half of America's GDP).

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