asset play

asset play definition - finance
A stock that is attractive because the current price doesnÂ’t reflect the true value of the companyÂ’s assets. Companies that are an asset play are a tempting target for takeovers because they are an inexpensive way to buy assets, thereby guaranteeing a certain return.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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