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assets
[ as-ets ]
plural noun
- Finance. items or resources owned by a person, business, or government, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate ( liabilities ):
Infrastructure assets, such as telecommunications systems, are not as available or as reliable in developing countries.
Depreciation applies only to tangible assets, which are the assets that exist in physical form, like vehicles, computers, etc.
- Accounting. the items detailed on a balance sheet, especially in relation to liabilities and capital:
The balance sheet lists assets and liabilities in order of liquidity; in other words, the assets most easily converted to cash are listed first.
- Law. all property available for the payment of debts for a bankrupt or insolvent business or person, or the payment of legacies or debts for a deceased person:
It is the job of the receiver to sell your assets and distribute the proceeds to your creditors.
- Informal. parts of a person’s body seen as sexual or attractive, especially a woman’s breasts or buttocks:
That slinky, shiny outfit really shows off her assets.
assets
/ ˈæɛٲ /
plural noun
- accounting the property and claims against debtors that a business enterprise may apply to discharge its liabilities. Assets may be fixed, current, liquid, or intangible and are shown balanced against liabilities Compare liabilities
- law the property available to an executor or administrator for settlement of the debts and payment of legacies of the estate of a deceased or insolvent person
- any property owned by a person or firm
Word History and Origins
Origin of assets1
Word History and Origins
Origin of assets1
Example Sentences
His tariff policy has led investors to pile into assets outside the United States, weakening the greenback and lifting other currencies alongside gold.
The company has worked with clients with “large land assets” such as timber companies but has also worked with schools, corporations and private assets.
The financial products to be launched by Trump Media & Technology Group, owner of the Truth Social platform, and its partners will include digital assets as well as stocks with a "Made in America focus".
Interior Minister Mazen al-Faraya told a news conference that all of the Brotherhood's offices would be closed and its assets confiscated, and that any activities would be considered illegal.
But the trade war has shaken confidence in the assets.
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