Usually means: Shielding assets from potential liabilities.
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We found 5 dictionaries that define the word asset protection:

General (2 matching dictionaries)
  1. asset-protection: Wordnik
  2. Asset protection: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. BusinessDictionary.com (No longer online)

Slang (1 matching dictionary)
  1. Asset Protection: Urban Dictionary

Definitions from Wikipedia (Asset protection)

noun:  (sometimes also referred to as debtor-creditor law) a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments.

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