Skip to main content

Downreaching Capital Asset

Dick; or penis.
Richard Johnson has a substantial downreaching capital asset which he intends to extend into emerging cock markets.
by RichardPoenisWeiner September 22, 2022
mugGet the Downreaching Capital Assetmug.

Asset

Money but in houses
I have money in assets aka money but in houses!
by JLPMS5 October 19, 2020
mugGet the Assetmug.

assets

You should go to bush once or twice a month to avoid depression. Don't forget to take some assets with you.
by Fwoop Markin February 1, 2023
mugGet the assetsmug.

Downreaching Capital Asset

Dick; or penis.
Johnson has a substantial downreaching capital asset which he intends to extend to emerging cock markets.
by RichardPoenisWeiner September 22, 2022
mugGet the Downreaching Capital Assetmug.

Digital asset

Digital asset is an information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier.

The term takes into account the essential semantic features of the phenomenon under consideration and is characterized by four components: economic, legal, information, value.

1. Economic component is represented by a unique identifier.

2. Legal component is represented in the legal field by a derivative of the right. A digital asset is not the right to a value in its interpretation, but it has attributes of a derivative of the right to a value.
3. Information component is represented in the IT field by an information resource circulating in the distributed ledger. Information on a value presented in a digital form has such main properties of an information resource as:

a) information is structured according to certain parameters and categories;

b) information is recorded on a digital medium;

c) information can be stored, transmitted, exchanged, used, etc. In addition, a digital asset in our understanding has an additional property – information on a value is formed by the owner of this value.
4. Value component is represented in the field of tangible and intangible assets by the “value” component. Digital asset is a kind of a guaranteed right to claim a certain value inherent in this digital asset. In other words, a digital asset serves as a digital display of value.
Therefore, a digital asset is a set of digital (binary) data that are autonomous, uniquely identifiable and have a certain value.
mugGet the Digital assetmug.

Freezing Asset Rich

Being wealthy enough to have the US government freeze your assets
I don't want to be just rich. I want to be freezing asset rich
by johnself April 28, 2014
mugGet the Freezing Asset Richmug.

digital asset

Digital asset is an information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier.
The term takes into account the essential semantic features of the phenomenon under consideration and is characterized by four components: economic, legal, information, value.

1. Economic component’s significance in the financial field is represented by a unique identifier.

2. Legal component is represented in the legal field by a derivative of the right. A digital asset is not the right to a value in its interpretation, but it has attributes of a derivative of the right to a value.
3. Information component is represented in the IT field by an information resource circulating in the distributed ledger. A digital asset is an information resource in the sense that the information on a value presented in a digital form has such main properties of an information resource as:

a) information is structured according to certain parameters and categories;

b) information is recorded on a digital medium;

c) information can be stored, transmitted, exchanged, used, etc. In addition, a digital asset in our understanding has an additional property – information on a value is formed by the owner of this value.
4. Value component is represented in the field of tangible and intangible assets by the “value” component. Digital asset is a kind of a guaranteed right to claim a certain value inherent in this digital asset.
In other words, a digital asset serves as a digital display of value.
mugGet the digital assetmug.

Share this definition