1. principle-a basic generalization that is accepted as true and that can be used as a basis for reasoning or conduct; their principles of composition characterized all their works. rule. generalisation, generality, generalization-an idea or conclusion having general application; he spoke in broad generalities.
World Finance Â» Asset Management. Asset management is defined as the systematic process of long term maintenance of assets, with the objective of bringing out the best results from the assets. Asset Management is an important part of the financial sector throughout the world. It manages huge amounts of investments and helps clients reach a financial goal within a specific period of time. Asset management offers a wide range of investment options.
What it is: Portfolio management refers to the professional management of securities and other assets. How it works (Example): Portfolio management includes a range of professional services to manage an individual's and company's securities, such as stocks and bonds, and other assets, such as real estate.