Outrageously Funny Word Dictionary :: Disfurnished

👉 In the context of accounting, "disfurnished" refers to a situation where an asset is not yet available for use. It typically occurs when there are no obligations or commitments related to the asset, and it's either being held by someone else (such as in the case of a lease) or has been purchased but hasn't yet been installed or utilized. This could be due to various reasons such as lack of funds, insufficient documentation, or unforeseen circumstances that prevent its use.

disfurnished