1. principle-a basic generalization that is accepted as true and that can be used as a basis for reasoning or conduct; their principles of composition characterized all their works. rule. generalisation, generality, generalization-an idea or conclusion having general application; he spoke in broad generalities.
World Finance Â» Asset Management. Asset management is defined as the systematic process of long term maintenance of assets, with the objective of bringing out the best results from the assets. Asset Management is an important part of the financial sector throughout the world. It manages huge amounts of investments and helps clients reach a financial goal within a specific period of time. Asset management offers a wide range of investment options.
Infrastructure asset management is the integrated, multidisciplinary set of strategies in sustaining public infrastructure assets such as water treatment facilities, sewer lines, roads, utility grids, bridges, and railways.he first published use of the term asset management to refer to physical assets is not known for sure. The earliest adopter known for certain is Dr Penny Burns in 1984 (see the Asset Management History Project [1]).