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Assets

Last Updated: November 14, 2006 | Related resource areas: Personal Finance

Items of economic value owned by an individual or company that can be converted to cash. Current dollar value of the items you own. Examples: cash, securities, stocks, automobile, house, office building, property, etc.

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More information:

Financial Security: Consumer Credit, Financial Security: Financial Planning Process, Financial Security: Saving and Investing, glossary

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