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Từ vựng:

fictitious asset

Giải nghĩa:

/fɪkˈtɪʃəs ˈæsɛt/ – Phrase


Definition: Tài sản ảo.

A more thorough explanation: an asset that does not exist but which is recorded in a company’s accounts to make the company look healthier than it really is

Example: HealthSouth recorded over $1. 1 billion in fictitious fixed assets on its books.