Types of asset

published on:2016-12-28 17:22:58Updated on:2016-12-28 17:21:53

The assets on the platform are divided into total asset, net asset, total liability and available asset. 

Total asset is all assets that the user owns or controls that can bring economic benefits. 

Net asset is the net amount of a user's total asset minus the liability. 

Total liability refers to all liabilities (excluding interest) that the user actually undertakes and needs to repay. 

Available asset is assets that users are not locked on the platform and are free to use. 

Total asset = Net asset + Total liability.

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