Definition of space asset

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TeachMeFinance.com - explain space asset



space asset

'space asset' is an military term meaning '(DOD) Any individual part of a space system as follows. (1) Equipment that is or can be placed in space (e.g., a satellite or a launch vehicle). (2) Terrestrially-based equipment that directly supports space activity (e.g., a satellite ground station)'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".

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