State Asset Management
/ˈsteɪt ˈæsɛt ˈmænɪdʒmənt/
Definitions
- (n.) The legal and administrative process by which government-owned properties, resources, and financial instruments are managed to optimize public value and comply with statutory obligations.
Effective state asset management ensures public resources are utilized responsibly and transparently.
Forms
- state asset management
Related terms
See also
Commentary
Typically involves compliance with specific public sector laws and may require balancing financial returns with social objectives.
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.