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Assets meaning

assets - 4 dictionary results

  1. 1. Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
  2. 2. Property of a deceased person, subject by law to the payment of his debts and legacies; - called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend.
  3. 3. The entire property of all sorts, belonging to a person, a corporation, or an estate; as, the assets of a merchant or a trading association; - opposed to liabilities.
  4. 4. Effects or estate liable to pay debts.

assets - examples of usage

  1. The whole thing's a play there ain't no rules to except those the p'lice handle, and even they don't count when your assets are plenty. - "The Son of his Father", Ridgwell Cullum.
  2. Your assets ain't worth the paper they're written on- till you've got your man where you want him. - "The Son of his Father", Ridgwell Cullum.
  3. After men and women are intelligent enough to demand an inventory of their physical resources,- a balance sheet of their physical assets and liabilities,- physicians will study the whole man and not the fraction of a man in which they happen to be specializing or about which the patient worries. - "Civics and Health", William H. Allen.
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