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asset management
asset management (business)The process whereby a large organisation collectsand maintains a comprehensive list of the items it owns suchas hardware and software. This data is used in connectionwith the financial aspects of ownership such as calculatingthe total cost of ownership, depreciation, licensing,maintenance, and insurance.asset management
Asset ManagementThe act or practice of an investment advisory firm making investment decisions on behalf of a client. Asset management often opens up more potential investment vehicles up to the client. Another advantage is that, theoretically, asset managers have more knowledge and experience in making appropriate investment decisions than their clients. Asset management is usually limited to institutional investors and high net-worth individuals, as it is usually expensive.asset managementThe umbrella name for all phases and areas of expertise in the acquisition, management,leasing,operation,and eventual sale of real property assets. AcronymsSeeairmail |