Asset

In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).

The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.

Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the market place. Examples of intangible assets are goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.

Leverage

Leverage or leveraged may refer to:

See also

Leverage (negotiation)

In negotiation, leverage is the ability to influence the other side to move closer to one's negotiating position.

Types of leverage include positive leverage, negative leverage, and normative leverage.

Normative Leverage

Normative leverage is the application of general norms or the other party's standards and norms to advance one's own arguments for one's own good. For example, you have normative leverage when your negotiating opponent says that he only pays Blue Book value for cars and you show him that the Blue Book value is the amount you are charging.

Positive Leverage

Positive leverage is a negotiator's ability to provide things that his opponent wants. For example, you have positive leverage when your negotiating opponent says, "I want to buy your car".

Negative Leverage

Negative leverage is a negotiator's ability to make his opponent suffer. For example, you have negative leverage if you can threaten your negotiating opponent: "If you don't fulfill your commitment to me, I will ruin your reputation."

Connection (dance)

In partner dancing, connection is a physical communication method used by a pair of dancers to facilitate synchronized dance movement, in which one dancer (the "lead") directs the movements of the other dancer (the "follower") by means of non-verbal directions conveyed through a physical connection between the dancers. It is an essential technique in many types of partner dancing and is used extensively in partner dances that feature significant physical contact between the dancers, including the Argentine Tango, Lindy Hop, Balboa, East Coast Swing, West Coast Swing, Salsa, and Modern Jive.

Other forms of communication, such as visual cues or spoken cues, sometimes aid in connecting with one's partner, but are often used in specific circumstances (e.g., practicing figures, or figures which are purposely danced without physical connection). Connection can be used to transmit power and energy as well as information and signals; some dance forms (and some dancers) primarily emphasize power or signaling, but most are probably a mixture of both.