Русско-англо-русский юридический словарь

When a bankruptcy case is filed with a court, a bankruptcy estate, which includes all of a debtor’s legal and equitable interests, is formed. Typically, the estate is subject to the bankruptcy court’s jurisdiction, and it is reviewed by a court-appointed bankruptcy trustee. The trustee generally represents the creditors’ interests in the suit. During the bankruptcy proceedings, the estate becomes the legal owner of the debtor’s tangible and intangible assets. Assets held in a bankruptcy estate are frequently sold by the trustee in order to pay off the debtor’s outstanding obligations. (WiseGEEK)

Non-current assets are assets which represent a longer-term investment and cannot be converted into cash quickly. They are likely to be held by a company for more than a year.

Examples of non-current assets include land, property, investments in other companies, machinery and equipment. Intangible assets such as branding, trademarks, intellectual property and goodwill would also be considered non-current assets. (en.tradimo.com)

DEFINITION of 'Intangible Asset'. An asset that is not physical in nature. Corporate intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all common intangible assets in today's marketplace. (Investopedia)

Accumulated amortization is the cumulative amount of all amortization expense that has so far been charged against an intangible asset. The concept can also be intended to apply to all amortization that has been charged to-date against a group of intangible assets. (accountingtools.com)