# Hidden asset

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In finance, a **hidden asset** is an [asset](/source/Asset) that is not shown on a [balance sheet](/source/Balance_sheet).[1] An example of such an asset is the US$15 billion that [United Airlines](/source/United_Airlines)' [frequent flyer](/source/Frequent_flyer) program, [MileagePlus](/source/MileagePlus), was estimated to be worth when it filed for [Chapter 11](/source/Chapter_11) bankruptcy.[2]

In [divorce](/source/Divorce) cases, a **hidden asset** is a property that is hidden by one spouse from the other and, as a result, is more difficult to discover during divorce proceedings.[3]

## References

1. ["Hidden asset definition"](http://www.investorwords.com/2303/hidden_asset.html). InvestorWords.com. Retrieved 2007-01-21.

1. ["United Airlines' undisclosed $15 billion asset"](http://www.thetravelinsider.info/2005/unitedpileofmoney.htm). The Travel Insider. 24 June 2005. Retrieved 2007-01-21.

1. Friedman, James T.; Painter, Pamela; Powell, Enid L. (2011). [*The Divorce Handbook*](https://books.google.com/books?id=f9dNGObNzswC). Random House Publishing Group. ISBN 978-0307765222.

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Adapted from the Wikipedia article [Hidden asset](https://en.wikipedia.org/wiki/Hidden_asset) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Hidden_asset?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.