Definitions for Assets

This page provides all possible meanings and translations of the word Assets

Princeton's WordNetRate this definition:(0.00 / 0 votes)

  1. assets(noun)

    anything of material value or usefulness that is owned by a person or company

WiktionaryRate this definition:(0.00 / 0 votes)

  1. assets(Noun)

    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.

  2. assets(Noun)

    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.

  3. assets(Noun)

    Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.

Webster DictionaryRate this definition:(0.00 / 0 votes)

  1. Assets

    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

  2. Assets

    effects of an insolvent debtor or bankrupt, applicable to the payment of debts

  3. Assets

    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

  4. Origin: [OF. asez enough, F. assez, fr. L. ad + satis, akin to Gr. enough, Goth. saps full. Cf. Assai, Satisfy.]

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'Assets' in Spoken Corpus Frequency: #2348

  2. Written Corpus Frequency

    Rank popularity for the word 'Assets' in Written Corpus Frequency: #4094

Translations for Assets

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