Vermögensgegenstandes

Vermögensgegenstandes is the genitive singular form of the noun Vermögensgegenstand, a term used in German law and accounting to denote an asset—i.e., an individual item that forms part of a person’s or a company’s wealth. In everyday and professional use, Vermögensgegenstand refers to a concrete or identifiable right that can generate value or provide economic benefits.

A Vermögensgegenstand can be tangible or intangible. Tangible examples include cash, real estate, machinery, vehicles, and inventory. Intangible examples include patents, licenses, trademarks, customer relationships, and goodwill. Financial assets such as claims or investments are also Vermögensgegenstände. The overarching concept is that each item contributes to the overall Vermögen (wealth) by its value and potential to produce economic benefits.

In accounting, Vermögensgegenstände are typically classified as part of the balance sheet and grouped into current assets (Umlaufvermögen) and non-current or fixed assets (Anlagevermögen). This classification influences depreciation, impairment, tax treatment, and liquidity analysis. The term also appears in civil and tax law, where ownership, transfer, encumbrance, or pledge of a Vermögensgegenstand can have legal consequences.

Etymologically, Vermögensgegenstand combines Vermögen (wealth, assets) with Gegenstand (object, item). The genitive form des Vermögensgegenstandes is commonly used in formal writing and statutes, and the bare form Vermögensgegenstand is used when referring to the concept in general. In common practice, the plural Vermögensgegenstände covers multiple assets.