1) An increase in the value of an asset, through inflation, a rise in market price, or interest earned. The directors of a company have an obligation to adjust the nominal value of land and buildings and other assets in balance sheets to take account of appreciation.

See:

asset stripping.

2) An increase in the value of a currency with a floating exchange rate relative to another currency.

Compare:

depreciation, devaluation.

• asset and liability management committee
• asset-backed fund
• asset-backed security
• Asset card
• asset constraint
• asset cover
• asset financing
• asset-liability gap
• asset-liability management
• asset management
• asset securitization
• asset-sensitive
• asset stripping
• asset swap
• asset turnover
• asset valuation
• asset value
• assignment
• assignment of insurable interest
• assignment of life policies
• associate company
• Association for Payment Clearing Services
• Association of African Development Finance Institutions
• Association of British Insurers
• Association of Corporate Treasurers