anything of material value or usefulness that is owned by a person or company
Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
His assets are much greater than his liabilities.
Sufficient estate; property sufficient in the hands of an executor or heir to pay the debts or legacies of the testator or ancestor to satisfy claims against it.
Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend
effects of an insolvent debtor or bankrupt, applicable to the payment of debts
the entire property of all sorts, belonging to a person, a corporation, or an estate; as, the assets of a merchant or a trading association; -- opposed to liabilities
Origin: [OF. asez enough, F. assez, fr. L. ad + satis, akin to Gr. enough, Goth. saps full. Cf. Assai, Satisfy.]
Chambers 20th Century Dictionary
as′sets, n.pl. the property of a deceased or insolvent person, considered as chargeable for all debts, &c.: the entire property of all sorts belonging to a merchant or to a trading association. [From the Anglo-Fr. law phrase aver assetz, to have sufficient, O. Fr. asez, enough—L. ad, to, satis, enough.]
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'Assets' in Spoken Corpus Frequency: #2348
Written Corpus Frequency
Rank popularity for the word 'Assets' in Written Corpus Frequency: #4094
The numerical value of Assets in Chaldean Numerology is: 1
The numerical value of Assets in Pythagorean Numerology is: 2
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Translations for Assets
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