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Hidden asset
From Wikipedia, the free encyclopedia
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In finance, a hidden asset is an asset that is not shown on a balance sheet.[1] An example of such an asset is the US$15 billion that United Airlines' frequent flyer program, MileagePlus, was estimated to be worth when it filed for Chapter 11 bankruptcy.[2]
In divorce cases, a hidden asset is a property that is hidden by one spouse from the other and, as a result, is more difficult to discover during divorce proceedings.[3]
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