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assets. In DICTIOUS you will not only get to know all the dictionary meanings for the word
assets, but we will also tell you about its etymology, its characteristics and you will know how to say
assets in singular and plural. Everything you need to know about the word
assets you have here. The definition of the word
assets will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
assets, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Etymology
From Anglo-Norman asetz, from Old French assez (“enough”). Originally singular, with the meaning "enough to meet liabilities"; later reanalyzed as a plural form.
Pronunciation
Noun
assets
- plural of asset
Noun
assets pl (normally plural, singular asset)
- (finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
- His assets are much greater than his liabilities.
- (accounting) The left side of a balance sheet.
- The assets must equal liabilities, otherwise there is an error in your balance sheet.
- (law) 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.
- Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
- (slang, vulgar, usually in the plural) Private parts; a woman's breasts or buttocks, or a man's genitalia.
Derived terms
Translations
any property or object of value that one possesses
— see also asset
the left side of a balance sheet
Anagrams
Danish
Noun
assets n
- definite genitive singular of as
Swedish
Noun
assets
- definite genitive singular of ass