nonledger assets

nonledger assets
\\“+-\ noun plural
Etymology: nonledger from non- (I) + ledger, n.
1. : assets (as interest, rent, premiums), receivable in the current year but not received as of a given date
2. : excess of market values of investments over book values

Useful english dictionary. 2012.

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Look at other dictionaries:

  • Nonledger Asset — Something of value owned by an insurance company that is not recorded in that company’s formal accounting records. Nonledger assets are basically money that an insurance company expects to receive but hasn’t actually received yet.… …   Investment dictionary

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