What does assets mean?

Definitions for assets
as·sets

Here are all the possible meanings and translations of the word assets.

Princeton's WordNet

  1. assetsnoun

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

Wiktionary

  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 Dictionary

  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.

Webster Dictionary

  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 Dictionary

  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 Contribution

  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

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

How to pronounce assets?

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. Jeffrey Gundlach:

    The investment teams at DoubleLine have deep experience managing non-dollar investments as well as foreign bonds. The question was not if but when we would offer our global bond strategy, with the dollar having rallied so sharply in recent years, non-dollar-denominated assets now have much greater value than at any time since the founding of DoubleLine.

  2. Martin County:

    Ultimately, the suspect led us to the overpass over the Okeechobee Waterway at 710 coming into Indiantown, our detectives, along with the Palm Beach County Sheriff’s Office and our marine control assets recovered Ms. Damron’s body.

  3. Greg Murphy:

    We’ve had a couple of our congressional staff ... working night and day trying to get these at-risk individuals out of Afghanistan, really doing the work of our State Department and trying to process people — get them the paperwork that they need — to get them out of the country as best as we can, but we don’t have any people on the ground. We don’t have any assets on the ground.

  4. Taylor Robinson:

    It's too big of a write off, they will hold on to them and hope things improve. These are 30-40 year assets.

  5. Masahiko Loo:

    In the near-term, we have had a lot of risk-off factors including Bolton and geopolitical tensions in Asia, but on the other hand, risk assets are supported by ample liquidity from central banks. I don't see that changing yet and do not expect major sell-off in risk assets.

Popularity rank by frequency of use

assets#1#2619#10000

Translations for assets

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