What Is an Assembly Line? An assembly line is a production process that breaks the manufacture of a good into steps that are completed in a pre-defined sequence. Assembly lines are the most commonly used method in the mass production of products. They reduce labor costs because unskilled workers are trained to perform specific tasks.
What Is Assembly Service? The term assembly service refers to a shipping or transportation service in which a number of small shipments are combined into a single one. This service may be provided for shipments to one party or multiple customers at once. Assembly service is offered by freight forwarders and carriers. Customers who use
What Is Assessable Capital Stock? Assessable capital stock is capital stock that could subject shareholders to liabilities above what they paid for their shares. Assessable capital stock stands in contrast to non-assessable capital stock, where shareholders can only lose the amount they invested. Holders of assessable shares might have to provide additional funding whenever a
What Is an Assessable Policy? An assessable policy is a type of insurance policy that may require the owner to pay additional funds to cover an insurer’s losses if they are greater than its reserves. Assessable policies, sometimes referred to as assessment insurance, are commonly associated with mutual insurance companies, which are groups of individuals and businesses
What Is Assessable Profit? Assessable profit is a calculation used in tax law to determine an individual’s taxable income based upon gains or losses on funds held in taxable investment accounts. The term “assessable” references profits that are capable of being assessed for taxation purposes. It is taken net of items such as investment account
What Is an Assessment? An assessment occurs when an asset’s value must be determined for the purpose of taxation. Some assessments are made annually on certain types of property, such as business properties. Homes are often valued every year, though some taxing authorities may only do an assessment every five years. Houses are assessed according
What Is an Asset? An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company’s balance sheet. They’re classified as current, fixed, financial, and intangible. They are bought or created to increase a
What Is an Asset-Backed Commercial Paper (ABCP)? An asset-backed commercial paper (ABCP) is a short-term investment vehicle with a maturity date that is typically between 90 and 270 days. A bank or other financial institution typically issues the security itself. The notes are backed by the company’s physical assets such as trade receivables. Companies will
What Is Asset Size? Asset size is the total market value of the securities in a fund. It can also be referred to as assets under management. Funds regularly report total assets which can be affected by supply, demand and market return. Asset Size Explained Asset size for mutual funds is often reported by share
What Is an Asset Acquisition Strategy? An asset acquisition strategy is when one company buys another company through the process of buying its assets, as opposed to a traditional acquisition strategy, which involves the purchase of stock. Key Takeaways An asset acquisition strategy is the purchase of another company through the process of buying its
