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.]
Plural form of the word asset.
The assets were valued accurately for accounting purposes.Submitted by MaryC on March 4, 2020
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
Examples of assets in a Sentence
The shares have fallen because of a total misunderstanding of the situation, first Quantum is not going to lose its assets. It is profitable, it is paying salaries and paying taxes... First Quantum won't sell the Zambia assets. Zambia is their cash cow.
They can just be zombies. They can pay their interest, there's no growth and they are cannibalizing their assets.
The combination of higher oil prices, higher dollar and stronger yields are starting to potentially weigh on investor sentiment, as yields go up they start to be a little bit more competitive with risk assets and with stocks in particular.
The assets of law enforcement are monster, the assets of a couple and their son are limited, regardless of what the person is charged with. To bring a family in and do that, when you have everything else at your disposal, to everyone, that seems like significant overkill.
There are many communities which cannot respond to people's need to go somewhere when they need, uber can be a sustainable business model in such places because we can provide services using existing assets.
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Translations for assets
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