Asset Tracing
/ˈæsɛt ˈtreɪsɪŋ/
Definitions
- (n.) The legal process of identifying and following the trail of assets to establish ownership or recover property involved in wrongdoing or insolvency.
The lawyer employed asset tracing to locate the defendant's hidden funds abroad.
Forms
- asset tracing
Related terms
See also
Commentary
Asset tracing is often critical in cases involving fraud or insolvency, enabling courts or parties to connect misappropriated assets to their origin or rightful owner.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.