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HIDDEN ASSET

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]

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References

References


1. Hidden asset definition
2. United Airlines' undisclosed billion asset
3. Discovery and Treatment of Hidden Assets in Divorce Cases

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