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Saturday, June 2, 2018

Hidden asset Stock Photo, Royalty Free Image: 10226370 - Alamy
src: c8.alamy.com

In finance, a hidden asset is an asset that is not shown on a balance sheet. An example of such an asset is the US $15 billion that United Airlines' frequent flyer program, MileagePlus, was estimated to be worth when it filed for Chapter 11 bankruptcy.

In divorce cases, a hidden asset is a property that is hidden by one spouse from the other and, as a result, is more difficult to discover during divorce proceedings.


Video Hidden asset



References

Source of the article : Wikipedia

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