assets (Meaning)

Wordnet

assets (n)

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

Webster

assets (n. pl.)

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.

assets Sentence Examples

  1. The company's assets include cash, inventory, and property.
  2. Her artistic talents are among her most valuable assets.
  3. The athlete's speed and agility are his greatest assets on the field.
  4. It's important to diversify your assets to minimize risk in your investment portfolio.
  5. The organization's intellectual property is one of its most valuable assets.
  6. The company's total assets increased significantly over the past fiscal year.
  7. Building a strong network of contacts can be an invaluable asset in your career.
  8. Time management skills are essential assets in today's fast-paced world.
  9. The library's collection of rare books and manuscripts is considered a cultural asset.
  10. Education and experience are assets that can open doors to new opportunities.

FAQs About the word assets

anything of material value or usefulness that is owned by a person or companyProperty of a deceased person, subject by law to the payment of his debts and legac

funds,wealth, capital, money, holdings, worth, opulence, fortune, possessions, effects

liabilities, debts,liabilities, debts,, indebtedness,indebtedness

The company's assets include cash, inventory, and property.

Her artistic talents are among her most valuable assets.

The athlete's speed and agility are his greatest assets on the field.

It's important to diversify your assets to minimize risk in your investment portfolio.