eignasafn

Eignasafn is an Icelandic term that translates roughly to "asset collection" or "portfolio of assets." It denotes the set of resources owned by an individual or an organization that are capable of producing future economic benefits and have measurable value. In everyday language it can refer to both financial holdings and physical property, as well as intangible rights.

Asset types can be divided into tangible assets such as land, buildings, machinery, vehicles, and inventories; intangible assets such as patents, licenses, software, and goodwill; and financial assets such as cash, receivables, investments, and other claims. In many contexts, the term is used to describe the complete property of a person or institution, including both current assets (to be used or converted within one year) and non-current assets (long-term investments or property).

In accounting and financial reporting, eignasafn appears on the balance sheet as the entity's assets. Measurement typically follows applicable accounting standards, with assets recognized at cost or fair value and subject to depreciation, amortization, impairment, or revaluation where appropriate. Acquisition, use, disposal, and risk management of the asset portfolio are central to asset management and governance.

Outside financial reporting, eignasafn can also be used to describe collections of property held by institutions, such as corporate real estate portfolios, museum holdings, or private collections, though the precise meaning depends on context.