nonledger assets

plural noun
non·​ledger assets | \ "+- \

Definition of nonledger assets

1 : assets (as interest, rent, premiums), receivable in the current year but not received as of a given date
2 : excess of market values of investments over book values

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History and Etymology for nonledger assets

nonledger from non- entry 1 + ledger, noun

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Cite this Entry

“Nonledger assets.” Dictionary, Merriam-Webster, Accessed 21 Oct. 2020.

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