admitted asset

An asset that by law may be included in evaluating the financial condition of an insurance com-pany. Cf. nonadmitted asset. [Cases: Insurance 1363. C.J.S. Insurance § 168.]

---

词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译各种与知识产权相关的法律文件。