asset backing
noun [ U ]
ukus(also asset cover) ACCOUNTING, FINANCE
the total value of a company's shares, in relation to its assets:
The retailer seems to have great asset backing, but how much are its stores really worth?
| 单词 | asset backing |
| 释义 | asset backing noun [ U ] ukus(also asset cover) ACCOUNTING, FINANCE the total value of a company's shares, in relation to its assets: The retailer seems to have great asset backing, but how much are its stores really worth? |
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