In finance, a 'hidden asset' is an
asset that is not shown on a
balance sheet.
[1] An example of such an asset is the US $15 billion that
United Airlines'
frequent flyer program, Mileage Plus, was estimated to be worth when it filed for
Chapter 11 bankruptcy.
[2]
In
divorce cases, a 'hidden asset' is a property that is hidden by one spouse from the other. It is more difficult to discover than to conceal.
[3]
References
1. Hidden asset definition
2. United Airlines' undisclosed billion asset
3. Discovery and Treatment of Hidden Assets in Divorce Cases