Definition of Assets in English :
Define Assets in English
Assets meaning in English
Meaning of Assets in English
Pronunciation of Assets in English
Assets pronunciation in English
Pronounce Assets in English
Assets
see synonyms of assetsNoun
1. assets
anything of material value or usefulness that is owned by a person or company
WordNet Lexical Database for English. Princeton University. 2010.
Assets
see synonyms of assetsplural noun
1. 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 liabilities2. 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
3.
any property owned by a person or firm
Collins English Dictionary. Copyright © HarperCollins Publishers
Assets
see synonyms of assetsn.
1. A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company.
2. A valuable item that is owned.
3. A spy working in his or her own country and controlled by the enemy.
4. assets
a. Accounting The entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill.
b. The entire property owned by a person, especially a bankrupt, that can be used to settle debts.
The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.