For Asset Reversion we have a term and definition in Accounting.

Asset Reversion (Accounting)

is asset recovery by the sponsoring employer through termination of a defined benefit pension fund and/or of assets in excess of amounts required to pay accrued benefits of a pension fund. In the U.S.assets recovered through reversion are subject to corporate income tax and an excise tax.

Similar

Browse words that start with:

• As
• Ass
• Asse
• Asset

Browse All Terms by First Letter

Term Search