Glossary: Terminology
- Asset
- Anything that can be owned and traded.
- Stock
- Synonym for asset.
- Label
- A nametag.
- Id
- A unique, numerical identifier.
- Ledger
- A tabular list of assets that belong together.
- Acquisition
- The process of obtaining an asset. Usually, but not necessarily by buying it.
- Liquidation
- The process of freeing up an asset. Usually, but not necessarily by selling it.
- Cost
- The price of acquisition.
- Returns
- The revenue of liquidation.