assets
nounnouncommon in dialogue
- //ˈæsɛts//
Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
noun
- 1
Also a form of assetplural of asset
Etymology
Etymology tree Proto-Indo-European *h₂éd Proto-Italic *ad Latin ad Proto-Indo-European *seh₂-der. Latin satis Early Medieval Latin ad satis Old French asez Anglo-Norman asetzder. English assets From Anglo-Norman asetz, from Old French assez (“enough”). Originally singular, with the meaning "enough to meet liabilities"; later reanalyzed as a plural form.
noun
- 1
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.
- 2
The left side of a balance sheet.
The assets must equal liabilities, otherwise there is an error in your balance sheet.
- 3
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.
- 4
Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
- 5
slangPrivate parts; a woman's breasts or buttocks, or a man's genitalia.
Forms
- singular
- asset
assets · Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
asshole · The anus.assign · To designate or set apart (something) for some purpose.assigned · Which has been assigned or designated for some purpose.