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assets

as·set
A a

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [as-et]
    • /ˈæs ɛt/
    • /ˈæs.et/
    • US Pronunciation
    • US IPA
    • [as-et]
    • /ˈæs ɛt/

Definitions of assets word

  • noun plural assets the property and claims against debtors that a business enterprise may apply to discharge its liabilities. Assets may be fixed, current, liquid, or intangible and are shown balanced against liabilities 3
  • noun plural assets the property available to an executor or administrator for settlement of the debts and payment of legacies of the estate of a deceased or insolvent person 3
  • noun plural assets any property owned by a person or firm 3
  • noun assets The assets of a company or a person are all the things that they own. 3
  • noun assets Assets are items that are owned by an individual, such as property and investments. 3
  • noun assets a useful and desirable thing or quality: Organizational ability is an asset. 1

Information block about the term

Origin of assets

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 Assets

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

assets 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".

assets usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for assets

noun assets

  • goods — morally excellent; virtuous; righteous; pious: a good man.
  • wealth — a great quantity or store of money, valuable possessions, property, or other riches: the wealth of a city.
  • money — any circulating medium of exchange, including coins, paper money, and demand deposits.
  • riches — having wealth or great possessions; abundantly supplied with resources, means, or funds; wealthy: a rich man; a rich nation.
  • credit — If you are allowed credit, you are allowed to pay for goods or services several weeks or months after you have received them.

Antonyms for assets

noun assets

  • debt — A debt is a sum of money that you owe someone.
  • liabilitiesliabilities. moneys owed; debts or pecuniary obligations (opposed to assets). Accounting. liabilities as detailed on a balance sheet, especially in relation to assets and capital.

Top questions with assets

  • what are assets?
  • what are liquid assets?
  • what is assets?
  • what is assets management?
  • what are current assets?
  • what is a liquid assets?
  • what is liquid assets?
  • what is liquidity assets?
  • what are fixed assets?
  • what does it mean to freeze assets and bank accounts?
  • which of the following assets is the most liquid?
  • how to calculate return on assets?
  • what does assets mean?
  • which of the following assets is most liquid?
  • what are hard assets?

See also

Matching words

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