Meaning asset backing
What does asset backing mean? Here you find 4 meanings of the word asset backing. You can also add a definition of asset backing yourself
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asset backingDefinition noun
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asset backingNet assets of a company (in $) are decided by the number of issued shares. For example, ABC Ltd with $100,000 net assets and 10,000 shares issued has an Asset Backing of $10 per share.
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asset backingNet assets of a company (in $) are decided by the number of issued shares. For example, ABC Ltd with $100,000 net assets and 10,000 shares issued has an Asset Backing of $10 per share.
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asset backingA handy yardstick for shareholders. It is the net assets of a company (assets less liabilities) divided by the number of shares.
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| << asset backed commercial paper | asset conversion loan >> |
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