assets
(noun) anything of material value or usefulness that is owned by a person or company
Source: WordNet® 3.1
assets
plural of asset
assets pl (plural only)
(finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
(accounting) The left side of a balance sheet.
(legal) 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.
(slang, vulgar, usually, in the plural) Private parts; a woman's breasts or buttocks, or a man's genitalia.
• TESSAs, stases, tasses
Source: Wiktionary
As"sets, n. pl. Etym: [OF. asez enough, F. assez, fr. L. ad + satis, akin to Gr. saps full. Cf. Assai, Satisfy.]
1. (Law) (a) 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. Story. Blackstone. (b) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
2. 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.
Note: In balancing accounts the assets are put on the Cr. side and the debts on the Dr. side.
As"set, n.
Definition: Any article or separable part of one's assets.
Source: Webster’s Unabridged Dictionary 1913 Edition
24 January 2025
(noun) a state of agitation or turbulent change or development; “the political ferment produced new leadership”; “social unrest”
The word “coffee” entered the English language in 1582 via the Dutch “koffie,” borrowed from the Ottoman Turkish “kahve,” borrowed in turn from the Arabic “qahwah.” The Arabic word qahwah was traditionally held to refer to a type of wine.
