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Hidden asset - 1 reference result
In finance, a hidden asset is an asset that is not shown on a balance sheet. An example of such an asset is the US $15 billion that United Airlines' frequent flyer program, Mileage Plus, was estimated to be worth when it filed for Chapter 11 bankruptcy.
In divorce cases, a hidden asset is a property that is hidden by one spouse from the other. It is more difficult to discover than to conceal.
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Last updated on Saturday August 02, 2008 at 05:03:40 PDT (GMT -0700)
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This article is licensed under the GNU Free Documentation License.
Last updated on Saturday August 02, 2008 at 05:03:40 PDT (GMT -0700)
View this article at Wikipedia.org - Edit this article at Wikipedia.org - Donate to the Wikimedia Foundation
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