Home > Term: Asset substitution
Asset substitution
Occurs when a firm invests in assets that are riskier than those that the debtholders expected.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
0
Creator
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
