Investopedia

Nonmonetary Assets

Dictionary Says

Definition of 'Nonmonetary Assets'

Assets in which the right to receive a fixed or determinable amount of currency is absent. This feature distinguishes nonmonetary assets from monetary assets such as cash, bank deposits, and accounts and notes receivable, which can be converted into a fixed or determinable amount of currency. Nonmonetary assets include intangible assets such as copyrights and patents, goodwill, inventories, property, plant and equipment.
Investopedia Says

Investopedia explains 'Nonmonetary Assets'

In some cases, it may not be readily apparent whether an asset is a monetary or nonmonetary one. In such cases, the determining factor is whether it represents an amount that can be settled in or converted into monetary terms in a very short time frame, in which case it is a monetary asset; if it cannot be settled in monetary terms, it is a nonmonetary asset.

Articles Of Interest

  1. Can You Count On Goodwill?

    Carefully examine goodwill and its sources before considering the value of your investment.
  2. How To Evaluate A Company's Balance Sheet

    Asset performance shows how what a company owes and owns affects its investment quality.
  3. Use ROA To Gauge A Company's Profits

    Do you rely too heavily on ROE? Consider using return on assets for a more complete picture.
  4. Intangible Assets Provide Real Value To Stocks

    Intangible assets don't appear on balance sheets, but they're crucial to judging a company's value.
  5. Should computer software be classified as an intangible asset or part of property, plant and equipment?

    In accounting terms, an intangible asset is something of value that is not of physical nature. On the other hand, property, plant and equipment (PPE) are just as the name suggests. PPE refers ...
  6. If You Don't Mind Volatility, Deere Could Still Do Alright

    Though Deere's shares sold off after earnings, the business model is sound and rolling along.
  7. Agilent Isn't Making It Easy On Investors

    Core operating performance at Agilent needs to improve
  8. Consumer Spending As A Market Indicator

    What people buy and where they shop can provide valuable information about the economy.
  9. Depreciation: Straight-Line Vs. Double-Declining Methods

    Appreciate the different methods used to describe how book value is "used up".
  10. Overheated Expectations Send Rackspace Investors To The Torture Chamber

    Absent a real competitive moat, it's hard to make sense of Rackspace's valuation.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.
  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center