Admitted Assets

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Dictionary Says

Definition of 'Admitted Assets'

Assets of an insurance company that are permitted by state law to be included in the company's financial statements. Although each state has discretion over its own insurance laws, there is a general consensus over which assets are suitable to use when determining the insurance company's solvency.
Investopedia Says

Investopedia explains 'Admitted Assets'

Admitted assets generally include assets that are liquid and whose value can be assessed, or receivables that can reasonably be expected to be paid. Since admitted assets are a critical component for computing capital adequacy to state insurance regulators, they have a much narrower definition than might be applied under generally accepted accounting principles (GAAP).
Search results for

'Admitted Assets'

  • Can You Count On Goodwill?

    http://www.investopedia.com/articles/fundamental/04/011404.asp
    ... of a company having to reduce goodwill is AOL Time Warner, which admitted to investors
    that ... for a price below the fair value of its tangible assets, the margin ...

  • Estate Planning: Estate Taxation | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning9.asp
    ... Even the IRS has admitted that estate tax is one of the most complicated areas ... Valuing
    Assets Estate assets are valued at fair market value unless special-use ...

  • Estate Planning: Other Types Of Wills | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning4.asp
    ... In the example given above, Mary will receive 1/2 of the assets and James ... Self-Proving:
    This clause allows the will to be admitted to probate without requiring ...

  • Intro To Insurance: Long-Term Care Insurance | Investopedia

    http://www.investopedia.com/university/insurance/insurance6.asp
    ... So, when should people consider buying LTC insurance and how are other assets
    considered ... On the flip side, the average age of people admitted to a nursing home ...

  • 4 Legal Documents You Should Have In The Wake Of September 11 ...

    http://financialedge.investopedia.com/financial-edge/0911/4-Legal-Documents-You-Should-Have-In-The-Wake-of-September-11.aspx
    ... things like access bank accounts and investments, pay bills, sell assets - anything
    the ... healthcare agent the authority to do things like have you admitted to a ...

  • When You Can't Pay Uncle Sam

    http://www.investopedia.com/articles/tax/09/cant-pay-uncle-sam.asp
    ... taxes, require the submission of unfiled tax returns and levy taxpayer income and
    assets. ... It should be noted here that the IRS has publicly admitted its own ...

  • JPMorgan Strong On Investment Profits

    http://stocks.investopedia.com/stock-analysis/2010/JP-Morgan-Strong-On-Investment-Profits-JPM-BAC-CWFC-MS0421.aspx
    ... and Bank of America cited a slowly improving economy, both banks admitted that loan ...
    thinness of its earnings and the still weighty mass of toxic assets it has ...

  • Canary Capital Partners: Anatomy Of A Scandal

    http://www.investopedia.com/articles/mutualfund/08/canary_scandal.asp
    ... trades in exchange for $25 million in long-term billable assets from Canary. ... SEC
    revealed that half of the nation's largest fund companies admitted to engaging ...

  • People You Won't Believe Are Millionaires - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0511/People-You-Wont-Believe-Are-Millionaires.aspx
    ... 8.4 million American households with $1 million or more in assets, in excess ... From
    these sales, Hung has admitted to being a millionaire, but has since released ...

  • Celebrity Recession: Stars Who've Lost It All - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0110/Celebrity-Recession-Who-Lost-It-All-In-2009.aspx
    ... You Think You Know About Me," professional golfer John Daly admitted that he had ...
    months later he filed for bankruptcy, stating he held just $50,000 in assets. ...

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