Asset management definition

Asset management means a systematic process of operating and maintaining the state system of

Examples of Asset management in a sentence

  • HRR and the Asset Management Company acquired the “Yomitan Hotel Management Co., Ltd.

  • Cape Government via its Department of Transport and Public Works, of 9 Dorp Street, Cape Town, Western Cape Province (“the WCG”) is, in terms of the Government Immovable Asset Management Act 19 of 2007, the Custodian of ERF 112657, Cape Town, being the provincial state land (“the Land”) upon which the Unit for sale is situated.

  • In the circumstances Valuation and Asset Management Services recommends that the Councils freehold interest in the property be transferred to lessee on the terms set out in this report.

  • HRR and the Asset Management Company then commissioned Grant Thornton Taiyo LLC to investigate the price concerning the appraisal value stated in the said report.

  • Proceeds on the sale of fixed assets, less cost to sell, in terms of the Asset Management-, Administration of Immovable Property- and Accounting policies.


More Definitions of Asset management

Asset management means the processes applied to assets from their planning, acquisition, operation, maintenance, replacement and disposal, to ensure that the assets meet the priorities of the Corporate Business Plan for service delivery.
Asset management means management, oversight, or direct actions taken to maintain or transfer any real property before a foreclosure sale or in preparation for liquidation of real property owned by the client pursuant to a foreclosure sale. This includes any action taken to preserve, restore, or improve the value and to lessen the risk of damage to the property in preparation for liquidation of real property pursuant to a foreclosure sale.
Asset management means a systematic process of maintaining, upgrading, and operating physical assets cost-effectively. It combines engineering principles with sound business practices and economic theory, and it provides tools to facilitate a more organized, logical approach to decision making. It is a planning process that ensures the most value from each asset with a plan to rehabilitate and replace them when necessary. An accurate and up-to-date asset management plan will help communities comply with the government accounting standards board's statement #34 (GASB 34), an accounting standard for publicly owned systems.
Asset management means the process by which equipment, including office equipment, vehicles, machinery, real estate, etc., of value to the Tłı̨chǫ Government are managed, controlled and safeguarded.