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TeachMeFinance.com - explain Entity Assets Entity Assets The term 'Entity Assets ' as it applies to the area of Medicare in the United States can be defined as ' Assets which the reporting entity has authority to use in its operations (i.e., management has the authority to decide how funds are used, or management is legally obligated to use funds to meet entity obligations)'. Previous 5 Terms: ENSO ENSO (El Niño-Southern Oscillation) ENSO Diagnostic Discussion enteral enterolith Next 5 Terms: ENTOMB entomical entomology entozoology ENTR About the author 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.