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
Sample Sentences & Example Usage
Apple has some tremendous assets, but I believe without some attention, the company could, could, could -- I'm searching for the right word -- could, could die.
Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.
Given the large demand for safe assets, the exclusive use of these euro safe assets for liquidity purposes at banks ... and their role as the main instrument of monetary policy, this will be a highly liquid market.
The ways in which senior executives allocate, manage and position their new digital assets and knowledge resources will have a strong bearing on the firm's ability to compete successfully in today's global digital economy.
Unlike many in the investment community, I classify gold and other high volatility assets as speculative investments, so although I would invest in gold, I would keep its share of the portfolio to minimum and would monitor them closely.
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Translations for Assets
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