nonledger assets

plural noun non·ledger assets \"+-\

Definition of nonledger assets

  1. 1 :  assets (as interest, rent, premiums), receivable in the current year but not received as of a given date

  2. 2 :  excess of market values of investments over book values

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Origin and Etymology of nonledger assets

nonledger from 1non- + ledger, noun

Seen and Heard

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to cast off or become cast off

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