assets

Noun

Meaning

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.

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Phrases with the word

Examples

The nation behaves well if it treats the natural resources as assets which it must turn over to the next generation increased, and not impaired, in value. Theodore Roosevelt

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world. Martin Feldstein

Four hundred obscenely wealthy individuals, 400 little Mubaraks -- most of whom benefited in some way from the multi-trillion-dollar taxpayer bailout of 2008 -- now have more cash, stock and property than the assets of 155 million Americans combined. Michael Moore

Never walk away from failure. On the contrary, study it carefully and imaginatively for its hidden assets. Michael Korda

The assets of the Jewish National Home must be created exclusively through our own work, for only the product of the Hebrew labor can serve as the national estate. David Ben-Gurion

Human resources are the most valuable assets the world has. They are all needed desperately. Eleanor Roosevelt

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