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English dictionary

assets

Definitions, examples, synonyms and antonyms from WordNet 3.0.

noun

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

    noun.possession

    Source: WordNet 3.0

  2. Property of a deceased person, subject by law to the payment of his debts and legacies; - - called <i>assets</i> because <i>sufficient</i> to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend.

    noun

    Source: webster1913

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