verification of assets Meaning in the Cambridge English Dictionary
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Meaning of “verification of assets” in the English Dictionary

"verification of assets" in Business English

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verification of assetsnoun [U]

uk   us   ACCOUNTING
the ​process of ​checking and ​calculating the ​value of a person's or company's ​assets, for ​example as ​part of an audit (= ​examination by outside ​accountants): No ​independentverification of ​assets, liabilities, or ​income was made during the ​audit.
(Definition of verification of assets from the Cambridge Business English Dictionary © Cambridge University Press)
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