assets
Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
Noun 4 meanings
Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
“His assets are much greater than his liabilities.”
The left side of a balance sheet.
“The assets must equal liabilities, otherwise there is an error in your balance sheet.”
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.
Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
Etymology
From Anglo-Norman asetz, from Old French assez (“enough”). Originally singular, with the meaning "enough to meet liabilities"; later reanalyzed as a plural form.
ASSETS at a glance
ASSETS has 6 letters and scores 6 points in Scrabble (A 1 + S 1 + S 1 + E 1 + T 1 + S 1) and 6 in Words With Friends, before board bonuses. It ranks #2,598 by how often it appears in everyday English. It is valid in ENABLE, NWL2023, Collins/SOWPODS.
Rhymes with assets
All rhymesOne letter away
- ASSESS6
- ASHETS9
- ASSOTS6
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