0
What is the term used when a person sells his assets as a way to gain money?
Wiki User
∙ 12y ago
capital gains
Wiki User
∙ 12y ago
Anonymous
Liquidation
Add your answer:
Earn +20 pts
What is the key functions of business enterprise?
The main goals of a business are usually to make a product that sells in order to make money. A business may also want to gain customers and keep them.
What is monetary gain?
The gain in purchasing power that is derived from holding monetary assets and/or monetary liabilities during a period of changing prices. An increase in prices tends to devalue monetary assets and monetary liabilities. Thus, if a firm's monetary liabilities exceeded its monetary assets, inflation would tend to produce monetary gains.
What is sale of fixed assets?
Fixed assets are the assets of business concern. The value of these assets, except land, gets depreciated year by year and the allowance of such depreciation is availed for tax exemption purposes on a regular basis. When such the assets are sold for a consideration, it is called the "sale of fixed assets" and the gain / loss on sale of such assets is assessed based on the written down value as on the date of such transaction.
What is the money investor receives above and beyond the money initially invested called?
gain or capital gain
How can you get money?
There are six major ways a person can acquire money: 1) Work: The person must sign up for a form of employment that will provide him with a paycheck for his services to the operation or form his own operation that will reward him with profits made from the enterprise. 2) Inheritance: If someone gifts money to another person either because of death or desire, the second person comes into money. 3) Rights or Compensation: Occasionally, a person will gain money as a result of a legal dispute or as compensation for permission for a secondary agent to do some act which could not be done without the primary person's approval. 4) Loans: A bank will lend a person money with interest for a period of time. 5) Donation: If a person begs or requests money and receives it, they get money. 6) Theft: Although illegal, many individuals have carted away money that rightfully belongs to other institutions and thereby acquired it for themselves.
Person who gives to a business or project hoping to gain a profit?
Shareholder, they buy shares in a business in order to gain money from the shares that they invest.
What is an economic migrant?
A person who want to gain more money in another town, region or country.
When is a gain on disposal of an asset recorded?
A gain is recorded when the asset is sold for a price greater than the assets book value.
What are company assets?
A company's assets can be monetary/non-monetary tangible/intangible objects that it has a legal claim to. Assets can be used in the operations of business, to gain future benefits or to decrease your liabilities.
What is the key functions of business enterprise?
The main goals of a business are usually to make a product that sells in order to make money. A business may also want to gain customers and keep them.
Decrease in net assets arising from peripheral or incidental transactions is called a?
A gain or loss
What is monetary gain?
The gain in purchasing power that is derived from holding monetary assets and/or monetary liabilities during a period of changing prices. An increase in prices tends to devalue monetary assets and monetary liabilities. Thus, if a firm's monetary liabilities exceeded its monetary assets, inflation would tend to produce monetary gains.
How do farmers gain money from hunting animals?
they gain money by selling the meat of the animal they hunted
What is sale of fixed assets?
Fixed assets are the assets of business concern. The value of these assets, except land, gets depreciated year by year and the allowance of such depreciation is availed for tax exemption purposes on a regular basis. When such the assets are sold for a consideration, it is called the "sale of fixed assets" and the gain / loss on sale of such assets is assessed based on the written down value as on the date of such transaction.
What is meant by the phrase marry for money?
The phrase "marry for money" is when two people getting married for the sake of financial gain for both parties involved. In some cases one person is richer than the other, so the poorer person is marrying for money.
What is sales of asset?
Fixed assets are the assets of business concern. The value of these assets, except land, gets depreciated year by year and the allowance of such depreciation is availed for tax exemption purposes on a regular basis. When such the assets are sold for a consideration, it is called the "sale of fixed assets" and the gain / loss on sale of such assets is assessed based on the written down value as on the date of such transaction.
What is the money an investors receives above and beyond the money initially invested called?
gain or capital gain
