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What is a toxic asset?

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تم إضافة السؤال من قبل Ayman ziad Mohammad Abukhadra , Finance Direcor , Cheil worldwide Inc.
تاريخ النشر: 2014/04/10
Shakir Ahmed
من قبل Shakir Ahmed , senior sales officer , national bank of abudhabi

those assets which have undergone a drastic downfall in its value or donot have any value in the current market due to the changes in the econmical situation is known as toxic assets.

Such goods are normally given up at a satisfactory or even a less than satisfactory price for the asset holder as it will turn out to be a liability in the future. 

SAJJAD AHMAD
من قبل SAJJAD AHMAD , Finance Controller , Royal Grand Hotel

Toxic assets are assets that have experienced a significant drop in value and lack an active Market where they can be sold. Toxic assets are also known as troubled assets.

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