Australian English Meaning of assets

assets

Other Australian English words related to assets

Definitions and Meaning of assets in English

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.

FAQs About the word assets

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

Capital,funds,money,wealth,effects,finances,fortune,Holdings,means,opulence

debts,liabilities,indebtedness

asset => asset, assessorship => assessment, assessorial => Assessorial, assessor => Assessor, assessment => assessment,