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asset management

asset management in Technology

business
The process whereby a large organisation collects and maintains a comprehensive list of the items it owns such as hardware and software. This data is used in connection with the financial aspects of ownership such as calculating the total cost of ownership, depreciation, licensing, maintenance, and insurance.
(1997-03-30)

The Free On-line Dictionary of Computing, © Denis Howe 2010 http://foldoc.org
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