by s j tubrazy April 13, 2013
Get the Digital Transfer of assets mug.When the continuation of depreciating a long term tangible asset at a diminishing value becomes unprofitable or purposeless, so the company decides to dispose of the asset at a stipulated cost which is below book value resulting in a loss which is then offsetted against the companies profits. A transaction of this nature is usually made when the asset becomes dormant and ineffective, even though it may well still be in the beginning of its life expectancy. The disposing of as asset is also written off the Balance Sheet as a long term investment and making way for a more effective and valuable long term asset.
If there is capital to be made on disposing of an asset, then both parties agree to a value where under the table cash transactions are made (off the books) and a much lower value is agreed upon (on the books) which is then recorded as a loss and offsetted against the companies net profit.
If there is capital to be made on disposing of an asset, then both parties agree to a value where under the table cash transactions are made (off the books) and a much lower value is agreed upon (on the books) which is then recorded as a loss and offsetted against the companies net profit.
Rupert Murdoch: "I got rid of Alex!" James sighed, "I thought he was an asset, turns out he was nothing but a liability"
Alan Bond: "What do you mean you got rid of him, hope you didn't kill him"
Rupert Murdoch: "Nah, there's no gain from killing him, I sold him to the opposition and i made a profit"
Alan Bond: "Ahhhh, now I can see how Wendi Deng has asianized you"
Rupert Murdoch: "What do you mean by that?"
Alan Bond: "Nothing!, you know hoe Asians are carnivorous when it comes to money, it looks like it's rubbing off on you"
Rupert Murdoch: " Yep, learn Alan, disposing of an asset requires a lot of foot work if you know what I mean".
Alan Bond: "What do you mean you got rid of him, hope you didn't kill him"
Rupert Murdoch: "Nah, there's no gain from killing him, I sold him to the opposition and i made a profit"
Alan Bond: "Ahhhh, now I can see how Wendi Deng has asianized you"
Rupert Murdoch: "What do you mean by that?"
Alan Bond: "Nothing!, you know hoe Asians are carnivorous when it comes to money, it looks like it's rubbing off on you"
Rupert Murdoch: " Yep, learn Alan, disposing of an asset requires a lot of foot work if you know what I mean".
by A=L+P January 19, 2018
Get the Disposing of an asset mug.Related Words
1. When a completely random set of people find themselves hanging out together and a third party decides to comment on their unusual outing
2. Any circumstance involving a random group of people who have absolutely nothing to do with each other
2. Any circumstance involving a random group of people who have absolutely nothing to do with each other
1. “Becky! Did you see them having dinner the other day?”
“Yes! What an interesting assortment of characters dining in unison”
2. “A random assortment of characters dining in unison just texted me !!!!!” (Completely open to any sort of interpretation)
“Yes! What an interesting assortment of characters dining in unison”
2. “A random assortment of characters dining in unison just texted me !!!!!” (Completely open to any sort of interpretation)
by JennyBea November 19, 2019
Get the What an interesting assortment of characters dining in unison mug."what kind of assery" is what you say when you get fucking bonaventura in a 100k pack on fifa (I did)
by ollycoly April 22, 2020
Get the what kind of assery mug.“Is there going to be a green mean asserole at the table again this year Karen, tell me you didn’t invite him? “
by lollypappa November 17, 2020
Get the Green mean asserole mug.Gigi : Quick gun murugan is Most Liable Asset (MLA)😅.
Legend: Oh! So you are saying that he has Negative-Worth💰.
Legend: Oh! So you are saying that he has Negative-Worth💰.
by Umgaoda July 26, 2022
Get the Most Liable Asset (MLA) mug.When you spread someone’s ass cheeks (preferably after it’s preheated if yk what i mean) while they’re face down booty up then you open a can of Bushes baked beans and pour them into their anal cavity. You then shut their cheeks together and let it simmer for a minute. When you open up them cheeks you have a nice warm baked bean asserole ready for your enjoyment. Don’t forget your spoon!
by Oddie Fisher January 7, 2023
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