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assets per descent.See assets by descent under ASSET.[Blacks Law 8th]

assets in hand.See ASSET.[Blacks Law 8th]

assets by descent.See ASSET.[Blacks Law 8th]

asset purchase.See ASSET ACQUISITION.[Blacks Law 8th]

asset-protection trust.See self-settled trust under TRUST.[Blacks Law 8th]

asset dividend.See DIVIDEND.[Blacks Law 8th]

asset-depreciation  range.Tax.  The  IRS’s  range  of  depreciation  lifetimes  allowed  for  assets placed  in  service  between  1970  and  1980  and  for  assets  depreciated  under  the  Modified Accelerated  Cost  Recovery  System  under  the  Tax  Reform  Act  of  1986.  —  Abbr.  ADR.  See ACCELERATED COST RECOVERY SYSTEM. [Cases: Internal Revenue    3476. C.J.S. Internal Revenue §§ 230, 234, 239,…

asset-coverage   test.Accounting.   A   bond-indenture   restriction   that   permits   additional borrowing only if the ratio of assets (typically net tangible assets) to debt (typically long-term debt) does not fall below a specified minimum.[Blacks Law 8th]

asset-based financing.See FINANCING.[Blacks Law 8th]

asset-backed security.See SECURITY.[Blacks Law 8th]