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What (who) is assets$509002$ - definition

Conrail Shared Assets; Conrail Shared Assets Area; North Jersey Shared Assets Area; South Jersey/Philadelphia Shared Assets Area; Conrail Shared Assets Operation; Shared Assets Areas

Intangible asset

ASSET THAT LACKS PHYSICAL SUBSTANCE AND USUALLY IS VERY HARD TO EVALUATE

Intangible assets; Intangible Assets; IAS 38

An intangible asset is an asset that lacks physical substance. Examples are patents, copyright, franchises, goodwill, trademarks, and trade names, as well as software.

https://en.wikipedia.org/wiki/Intangible_asset

current assets

AN ASSET WHICH CAN EITHER BE CONVERTED TO CASH OR USED TO PAY CURRENT LIABILITIES WITHIN 12 MONTHS

Current assets; Current Asset

Current assets are assets which a company does not use on a continuous basis, such as stocks and debts, but which can be converted into cash within one year. (BUSINESS)

The company lists its current assets at $56.9 million.

N-COUNT

current assets

AN ASSET WHICH CAN EITHER BE CONVERTED TO CASH OR USED TO PAY CURRENT LIABILITIES WITHIN 12 MONTHS

Current assets; Current Asset

¦ plural noun cash and other assets that are expected to be converted to cash within a year. Compare with fixed assets.

Wikipedia

Conrail Shared Assets Operations

Conrail Shared Assets Operations (CSAO) is the commonly used name for modern-day Conrail (reporting mark CRCX), an American railroad company. It operates three networks, the North Jersey, South Jersey/Philadelphia, and Detroit Shared Assets Areas, where it serves as a contract local carrier and switching company for its owners, CSX Transportation and the Norfolk Southern Railway. When most of the former Conrail's track was split between these two railroads, the three shared assets areas (a total of about 1,200 miles of track) were kept separate to avoid giving one railroad an advantage in those areas. The company operates using its own employees and infrastructure but owns no equipment outside MOW equipment.

https://en.wikipedia.org/wiki/Conrail Shared Assets Operations