Sunday, July 27, 2008

Who you callin' lumpy?

From Financial Managment: Theory & Practice, 12th edition:

"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."

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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