Definition of Non-core assets:
A non-core business asset can be any kind of non-essential asset with respect to generating revenue and the core business operations of the company. A non-core asset could be a factory or property that is no longer being used. Non-core assets might also be an entire subsidiary or a holding in another company. Typically, non-core assets can include the following:.
Assets that are no longer required for the operation of a business; they are usually sold off when the need for income arises for a specific venture the company wants to embark or to pay their debt. Although non-core assets no longer play a key role in the running of the business, it becomes useful to the company when the need for funds to run the company arises. Deciding what asset is non-core is subjective, in order words, it differs for different companies depending on the business nature of the company.
Non-core assets are assets that are either not essential or simply no longer used in a company's business operations. Non-core assets are often sold when a company needs to raise cash. Some businesses sell their non-core assets in order to pay down debt. Although non-core assets are not critical to a company's core operations, they do have value and can generate a return on investment.
How to use Non-core assets in a sentence?
- A non-core asset could be investment securities or a factory or property that is no longer being used.
- A non-core asset can be any kind of asset that's not essential to generating revenue and the core business operations of a company.
- Non-core assets might also be an entire subsidiary or a holding in another company.
Meaning of Non-core assets & Non-core assets Definition