What is aktiver (assets)?

In short

Aktiver are everything the business owns of value: money in the bank, amounts owed by customers, inventory, equipment and vehicles.

In practice

Assets split into fixed assets (long-lived, e.g. machinery) and current assets (short-lived, e.g. bank balance and receivables).

Related terms

• Passiver (liabilities & equity)
• Balance (balance sheet)
• See every term in the dictionary

Tired of looking things up? At Numina your own bookkeeper handles bookkeeping, VAT and deadlines — at a fixed price. Read about your bookkeeper at Numina