Definition of Assets

1. Noun. Anything of material value or usefulness that is owned by a person or company.




Definition of Assets

1. n. pl. 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.

Definition of Assets

1. Noun. (plural of asset) ¹

2. Noun. (finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts. ¹

3. Noun. (legal) 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. ¹

4. Noun. Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts. ¹

¹ Source: wiktionary.com

Definition of Assets

1. asset [n] - See also: asset

Assets Pictures

Click the following link to bring up a new window with an automated collection of images related to the term: Assets Images

Lexicographical Neighbors of Assets

assessing
assession
assessions
assessment
assessments
assessor
assessorial
assessorials
assessors
assessorship
assessorships
assessour
asset
asset-backed
assetless
assets (current term)
assever
asseverate
asseverated
asseverates
asseverating
asseveratingly
asseveration
asseverational
asseverations
asseverative
asseverator
asseveratory
assevered
assevereth

Literary usage of Assets

Below you will find example usage of this term as found in modern and/or classical literature:

1. Publishers Weekly by Publishers' Board of Trade (U.S.), Book Trade Association of Philadelphia, American Book Trade Union, Am. Book Trade Association, R.R. Bowker Company (1912)
"AMERICAN—1868 to 1911—Dividends and assets disbursed to shareholders, ... with which the companies operate amount to only 12 per cent, of their assets. ..."

2. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1889)
"The case was referred to a special referee, who reported that the assets of the estate could not exceed $11000: that the amount due on the mortgage to ..."

3. Commentaries on the Laws of England: In Four Books by William Blackstone (1876)
"But any one may, of course, so actas to make his personal assets liable to the ... And if a bill has been filed for administration of the assets, should it ..."

4. Reports of Cases Argued and Determined in the High Court of Chancery: During by Great Britain Court of Chancery, Edward Thurlow Thurlow, Alexander Wedderburn Rosslyn, Jonathan Cogswell Perkins (1844)
"assets. 1. An equity of redemption of a mortgage fee not equitable assets; ... Upon a deficiency of assets administered this Court a value must be set upon ..."

5. Encyclopaedia Britannica, a Dictionary of Arts, Sciences, Literature and edited by Hugh Chisholm (1910)
"If on realization of the security there à a balance after paying the debt, such balance becomes assets for the unsecured creditors; if there is a deficit, ..."

6. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1907)
"The Comptroller also informed the president of the bank: "The assets belong to the stockholders of record, and a trust fund must be created, ..."

Other Resources Relating to: Assets

Search for Assets on Dictionary.com!Search for Assets on Thesaurus.com!Search for Assets on Google!Search for Assets on Wikipedia!

Search