WEALTH MANAGEMENT

Wealth Management A professional service which is the combination of financial/investment advice, accounting/tax services, and legal/estate planning for one fee. Notes: In general, wealth management is more than just investment advice, as it can encompass all parts of a person's financial life.

ASSET MANAGEMENT

Asset Management is the management of the financial assets of a company in order to maximize return. It can be also an account at a financial institution that includes checking services, credit cards, debit cards, margin loans, the automatic sweep of cash balances into a money market fund, as well as brokerage services.
Notes: Quite often these are for high net-worth clients. They are convenient because the client gets a complete financial summary of banking and brokerage activity on one statement. Also known as an asset management account or a central asset account."

MARKET LIQUIDITY

Market liquidity is a business, economics or investment term that references an asset's ability to quickly be liquidated or converted through an action of buying or selling without causing a significant movement in the price and with minimum loss of value.
A liquid asset has some or more of the following features. It can be sold rapidly, with minimum loss of value, anytime within market hours. The essential characteristic of a liquid market is that there are ready and willing buyers and sellers at all times.

LONG TERM INVESTMENTS

Often referred to simply as "investments." Long-term investments are to be held for many years and are not intended to be disposed in the near future
This group usually consists of four types of investments:

1. Investments in securities, such as bonds, common stock, or long-term notes.
2. Investments in fixed assets not used in operations (e.g., land held for sale).
3. Investments in special funds (e.g., sinking funds or pension funds).
4. Investments in subsidiaries or affiliated companies.

FIXED ASSETS

Also referred to as PPE (property, plant, and equipment), or tangible assets, these are purchased for continued and long-term use in earning profit in a business.This group includes land, buildings, machinery, furniture, tools, and certain wasting resources

INTANGIBLE ASSETS

Intangible assets lack physical substance and usually are very hard to evaluate. They include patents, copyrights, franchises, goodwill, trademarks, trade names, etc. These assets are (according to US GAAP) amortized to expense over 5 to 40 years with the exception of goodwill.

NET WORTH

In business, Net worth (or "net assets") is the total assets minus total liabilities of an individual or a company. For a company, this is called shareholders' equity and may be referred to as book value.

MARK TO MARKET

In finance and accounting, mark to market is the act of assigning a value to a position held in a financial instrument based on the current market price for that instrument or similar instruments. For example, the final value of a futures contract that expires in 9 months will not be known until it expires. If it is marked to market, for accounting purposes it is assigned the value that it would fetch in the open market currently.

CORPORATION

A corporation is an artificial legal entity (technically, a juristic person) which, while made up of a number of natural persons or other legal entities, has a separate legal identity from them. As a legal entity the corporation receives legal rights and duties. Five rights always exist for a corporation: the ability to sue and be sued (this gives the corporation access to the courts); the right to a common treasury (this gives the right to hold assets separate from the assets of its members); the right to hire agents (this gives the corporation the right to hire employees); the right to a common seal (this gives the corporation the right to sign contracts); and the right to make by-laws

PRIVATE EQUITY

Private equity is a broad term that commonly refers to any type of equity investment in an asset in which the equity is not freely tradeable on a public stock market. More accurately, private equity refers to the manner in which the funds have been raised, namely on the private markets, as opposed to the public markets.