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property asset:

. . . Something owned of tangible or intangible economic value.

The term material worth indicates that property assets have economic value because properties can be converted to capital. Properties can generate income and be used as collateral because they have material worth as assets. Property assets that are tangible possessions are, for example, commercial and industrial real estate classified as ownership or holdings. Among Intangible assets are intellectual properties.

The designation, corporate real estate executive, is used to identify those who are in charge of real property assets owned by enterprises. Typically, the designation cover all types of real estate asset managers including facilities managers having real estate responsibilities. Such responsibilities might also include participation in enterprise development through assignments to handle site selection projects no matter what type of management designation those in charge of real estate assets might have.



 
 
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Key search words: define property asset define property asset assets define asset define assets define owned asset define monetary value define material worth define economic value define real asset define real assets define real property asset, real property assets define capital asset define capital assets
Economic Development Services, Inc. -- copyrights and all rights reserved / 09/12/2014