Business / Taxes / Hard Assets: Hard assets are the tangible property of a company or partnership, such as the buildings, furniture, real estate, and other equipment it owns. When you make a direct investment in hard assets, as you do when you invest in a direct participation program (DPP), you have an ownership interest in the actual assets rather than in shares of the corporation. The profit, if any, that you realize from hard assets is dependent on their ability to produce revenue, as a rental property or a leased airplane might.
Assets Noun Synonyms: property, resources, possessions, holdings, effects, capital, means, valuables, money, wealth
Hard Adjective Synonyms: difficult, perplexing, knotty, puzzling, baffling, enigmatic, intricate, complicated, complex, tangled, involved, thorny, incomprehensible, inscrutable, unsolvable, insoluble, tough
Hard Adverb Synonyms: intently, carefully, earnestly
Hard Verb Synonyms: rigid, stiff, solid, inflexible, firm, dense, condensed, compressed, close, solidified, hardened, stony, rocklike, concrete, petrified, granite(-like), flinty, steely, tough, rugged, leathery, callous, unyielding, adamant(ine), impenetrable, obdurate
Business / Accounting / Net Assets (Owners Equity): The ownership interest in the assets of an entity: equal total assets minus total liabilities. MORE
Business / Finance / Net Current Assets: The difference between current assets and current liabilities, also known as working capital. MORE