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Inactive asset

An Asset that is sometimes not being utilized, such as a backup power generator or a secondary system used only when the primary system malfunctions.

Related Terms: 3 Asset, Owe, SEC
Other Related Pages: Category: Accounting Starting With: I
Additional Related Terms: 10-K, Accelerated Cost Recovery System, Active asset, Asset, Asset/equity ratio, Asset management account, Asset-backed security, Asset swap, At par, All or any part