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TeachMeFinance.com - explain
Slow assets
historic definition...
Slow assets -- Property applicable to the payment of debts
which cannot promptly be converted into cash, but which
must be held for a time in order to dispose of it advantageously
or without sacrifice.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
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