Definitions for assets
as·sets

Princeton's WordNetRate this definition:0.0 / 0 votes

1. assetsnoun

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

WiktionaryRate this definition:0.0 / 0 votes

1. assetsnoun

   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. assetsnoun

   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. assetsnoun

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

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Assetsnoun

   without the singular. Goods sufficient to discharge that burden, which is cast upon the executor or heir, in satisfying the testators or ancestors debts or legacies. Whoever pleads assets, sayeth nothing; but that the person against whom he pleads, hath enough come to his hands, to discharge what is in demand. John Cowell

   Etymology: assez, Fr.

WikipediaRate this definition:0.0 / 0 votes

1. assets

   In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include cash, inventory, accounts receivable, while fixed assets include land, buildings and equipment. Intangible assets are non-physical resources and rights that have a value to the firm because they give the firm an advantage in the marketplace. Intangible assets include goodwill, copyrights, trademarks, patents, computer programs, and financial assets, including financial investments, bonds, and stocks.

ChatGPTRate this definition:0.0 / 0 votes

1. assets

   Assets are resources or items of value that are owned or controlled by an individual, business, corporation or a government, with the expectation that these resources will provide future benefits. They can be in the form of tangible or intangible, including real estate, machinery, cash, investments, trademarks, or patents. In financial accounting, assets are all things that a company owns, both tangible and intangible, with the ability to be converted into cash and used to pay off liabilities.

Webster DictionaryRate this definition:0.0 / 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. Etymology: [OF. asez enough, F. assez, fr. L. ad + satis, akin to Gr. enough, Goth. saps full. Cf. Assai, Satisfy.]

Chambers 20th Century DictionaryRate this definition:0.0 / 0 votes

1. Assets

   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.]

Editors ContributionRate this definition:0.0 / 0 votes

1. assets

   Plural form of the word asset.

   The assets were valued accurately for accounting purposes.

   
   

   Submitted by MaryC on March 4, 2020  

Matched Categories

1. • Possession

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

Anagrams for assets »

1. stases

How to pronounce assets?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say assets in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of assets in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of assets in Pythagorean Numerology is: 2

Examples of assets in a Sentence

1. The Taliban:

   We are requesting them to unfreeze Afghan assets and not punish ordinary Afghans because of the political discourse, because of the starvation, because of the deadly winter, I think it’s time for the international community to support Afghans, not punish them because of their political disputes.

2. Ewald Nowotny:

   For us, it is quite clear that we have certain conditions to be met. The one condition is ... whether we can accept for instance Greek assets, Greek bonds, as collateral. The answer is, for the time being: No.

3. Christopher Peel:

   The economic fundamentals are highly supportive of risk assets such as equities and commodities.

4. Hideo Tsujii:

   I ought to think of how I can move money a little at a time to my wife's name, or within my family, i want them to estimate how much I have in assets, then I can decide what to do.

5. Nick Alonso:

   You have your equity market that's up 16% (year-to-date) but low volatility is beating it. You certainly don't expect that in any other bull market, defensive assets did well in Q4, they protected on the downside and they also picked up that upside in Q1.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=assets
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Assets
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=assets
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Assets
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/assets
7. ^ Chambers 20th Century Dictionary
   https://www.gutenberg.org/files/37683/37683-h/37683-h.htm#:~:text=assets