In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.

Your net worth is a good indicator of the overall state of your finances. Find out how you compare to your neighbors.

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Editor’s note: This is the first article in a monthly step-by-step guide for getting your financial house in order. Yes, it’s a daunting process, but we’re breaking it down into manageable steps that ...

Forbes contributors publish independent expert analyses and insights. I am a Forbes contributor covering beauty, culture and travel. Rashad Bilal, a financial advisor, and Troy Millings, an educator, ...

Two classic examples of contingent liabilities include a company warranty and a lawsuit ... precedent and legal counsel to ascertain the likelihood of damages. Contingent assets are assets that are ...

Mortgage technology solutions provider CoreLogic on Tuesday announced that its AutomatIQ Borrower tool is expanding to include asset and liabilities analysis capabilities. The company aims to make the ...

As part of the process to be confirmed as U.S. Ambassador to Italy and San Marino, billionaire Houston businessman Tilman Fertitta was required to provide broad financial disclosures and to withdraw ...

In the past five years, cryptocurrency has gone from a rare and seldom-used form of currency to a headline-grabbing monetary instrument that has the potential to change the way business is conducted.