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PPGPortal > Home > Concept Dictionary > A > Assets
 
 
Assets

Possessions having value. Assets are resources owned, or in some cases, controlled, by an individual or organization as a result of transaction or events from which future economic benefits are expected to flow to that individual or organization.

(Graham, Andrew. 2007. Canadian Public-Sector Financial Management. Kingston, ON: School of Policy Studies, Queen’s University; Montreal: McGill-Queen’s University Press.)

     

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