assetless

as·set

A a

Transcription

- US Pronunciation
- US IPA
- [as-et]
- /ˈæs ɛt/

- US Pronunciation
- US IPA
- [as-et]
- /ˈæs ɛt/

Definitions of assetless word

adjective assetless having no assets or property that can be used to pay off debts 3
noun assetless a useful and desirable thing or quality: Organizational ability is an asset. 1
noun assetless a single item of ownership having exchange value. 1
noun assetless assets. items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to liabilities). Accounting. the items detailed on a balance sheet, especially in relation to liabilities and capital. all property available for the payment of debts, especially of a bankrupt or insolvent firm or person. Law. property in the hands of an heir, executor, or administrator, that is sufficient to pay the debts or legacies of a deceased person. 1

See all 4 definitions of assetless

Information block about the term

Origin of assetless

First appearance:

before 1525

One of the 28% oldest English words

1525-35; back formation from assets, in phrase have assets, literally, have enough (to pay obligations) < Anglo-French, Old French asez enough. See assai1

Historical Comparancy

Parts of speech for Assetless

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

Full grammatical hierarchy of Assetless

assetless popularity

A common word. It’s meaning is known to most children of preschool age. About 89% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

assetless usage trend in Literature

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