principle. n. 1. a standard or rule of personal conduct: a man of principle. 2. (often plural) a set of such moral rules: he'd stoop to anything; he has no principles. 3. adherence to such a moral code; morality: it's not the money but the principle of the thing; torn between principle and expediency. 4. a fundamental or general truth or law: first principles. 5. the essence of something: the male principle.
Definition of asset availability: State of an asset in which it is available and ready to be put to its designed or intended use. Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
DEFINITION of 'Asset Turnover Ratio'. The ratio of the value of a companyâs sales or revenues generated relative to the value of its assets. The Asset Turnover ratio can often be used as an indicator of the efficiency with which a company is deploying its assets in generating revenue. Asset Turnover = Sales or Revenues / Total Assets.