admitted assetglossary / 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 资深译员Brendan,毕业于亚洲一流的高级翻译学院,擅长翻译各类与商业与人权诉讼相关的法律文件。