Class Asset

• Defined in ontology: Enterprise-v0.1

Notes for Asset:

• Examples: MACHINE, equipment, land, building, material, idea, design, patent, information

• Capital-asset, fixed-asset and liquid-asset are specialisations of Asset but are not central to our concerns. The differences between these are determined by accounting standards.
• An Entity may be both an Asset and a Resource but an Asset is not necessarily a Resource, nor vice versa.

Slots on class Asset:

Arity: 1

Documentation: A Legally Owned-Entity that Has-Monetary-Value

Instance-Of: Class, Relation, Set

Subclass-Of: Has-Monetary-Value, Eo-Entity, Individual, Individual-Thing, Thing ...

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Slots on instances of Asset:

Implication Axioms for Asset:

(=> (Asset ?Asset)
    (Exists (?L-O)
            (And (Legal-Ownership ?L-O) (Owned-Entity ?L-O ?Asset))))

Equivalence Axioms for Asset:

(<=> (Asset ?Asset)
     (And (Has-Monetary-Value ?Asset)
          (Exists (?L-O)
                  (And (Legal-Ownership ?L-O)
                       (Owned-Entity ?L-O ?Asset)))))