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.
Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group.It may apply to both tangible assets such as buildings and to intangible assets such as human capital, intellectual property, and goodwill and financial assets.Asset management is a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively.The term is most commonly used in the financial world to describe people and companies that manage investments on behalf of others.sset management is a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively. The term is most commonly used in the financial world to describe people and companies that manage investments on behalf of others.