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assets

/ (ˈæsɛts) /
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pl n
accounting 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 liabilitiesCompare liabilities
law 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
any property owned by a person or firm
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Word Origin for assets

C16 (in the sense: enough to discharge one's liabilities): via Anglo-French from Old French asez enough, from Vulgar Latin ad satis (unattested), from Latin ad up to + satis enough
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use assets in a sentence

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