Background for assets

assets

/ˈæsets/

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noun

Something or someone of any value; any portion of one's property or effects so considered.

Examples :

"These shares are a valuable asset."

asset business economy finance value property

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noun

Any component, model, process or framework of value that can be leveraged or reused.

Examples :

"The company's training manuals are valuable assets because they can be reused to onboard new employees quickly. "

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noun

An intelligence asset.

Examples :

"The spy agency considered the former diplomat one of their most valuable assets because of his connections to foreign leaders. "

asset military person

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noun

(usually in the plural) The private parts; a woman's breasts or buttocks, or a man's genitalia.

body sex human part anatomy

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noun

Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.

Examples :

"His assets are much greater than his liabilities."

asset business economy finance property value

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noun

The left side of a balance sheet.

Examples :

"The assets must equal liabilities, otherwise there is an error in your balance sheet."

asset business finance economy

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noun

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.

Examples :

"After his grandfather's death, the lawyer confirmed that his assets, including the house and savings, were enough to pay all his debts and taxes. "

property asset business finance economy law

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noun

Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.

Examples :

"After John's death, his house and car were sold; these assets were used to pay off his outstanding medical bills. "

asset business economy finance law property

Illustration assets - Image 1

noun

(usually in the plural) Private parts; a woman's breasts or buttocks, or a man's genitalia.