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Definition of 'Unrestricted Net Assets'
A group of items owned by the government with commercial or exchange value that have no external restrictions regarding their use or function. Unrestricted net assets appear in government accounting and are government-owned assets that can be utilized for any decided-upon purpose. This is in contrast to restricted net assets that are assigned to specific purposes.
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Investopedia explains 'Unrestricted Net Assets'
Government accounting includes the principles and procedures used by local, state and federal governments for accounting purposes. Rules are established by the National Council on Governmental Accounting. Assets of local, state and federal governments are typically restricted to specific uses and purposes, however, unrestricted net assets fall outside this limitation.
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Search results for 'Unrestricted Net Assets'
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http://stocks.investopedia.com/stock-analysis/2008/Capital_Southwest_Is_Worth_More_With_Less_CSWC.aspx
... two things: 1. That CSWC sell all its stock holdings that are unrestricted and
distribute ... At the end of March 2008, it reported net assets per share of $150.09 ...
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http://www.investopedia.com/articles/03/070203.asp
... assets held in other countries, local assets held by ... that the economy is a net creditor,
providing ... In today's global economy, the unrestricted movement of ...
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http://www.investopedia.com/articles/mutualfund/08/managed-separate-account.asp
... The key number is the net expense ratio ... to be as widely available through unrestricted
online downloads ... fee (expressed as a percentage of assets under management ...
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