### Question
How does HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE define business assets?


### Answer
Under *20 U.S.C. § 1087vv*, **business assets** is defined as:

> property that is used in the operation of a trade or business, including real estate, inventories, buildings, machinery, and other equipment, patents, franchise rights, and copyrights

#### Citation:
  - *20 U.S.C. § 1087vv*
  - Heading: **CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part F-Need Analysis**

