Nonoperating asset
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Nonoperating asset is an investment in marketable securities and noncontrolling interests in the stock of other companies.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Nonoperating assets. Include investments in marketable securities and noncontrolling interests in the stock of other companies.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
