Who you callin' lumpy?
From Financial Managment: Theory & Practice, 12th edition:
This made me chuckle, becaues I have an entirely different definition of "lumpy assets," as pertains to certain parts of my body that I rather wish weren't quite so, well, lumpy.
I do, however, like the idea of calling them "assets." Sounds a bit more positive that way.
"In many industries, technological considerations dictate
that if a firm is to be competitive, it must add fixed assets
in large, discrete units; such assets are often
referred to as lumpy assets."
that if a firm is to be competitive, it must add fixed assets
in large, discrete units; such assets are often
referred to as lumpy assets."
This made me chuckle, becaues I have an entirely different definition of "lumpy assets," as pertains to certain parts of my body that I rather wish weren't quite so, well, lumpy.
I do, however, like the idea of calling them "assets." Sounds a bit more positive that way.
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