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Definitions of assets

  1. Any item of one's property. The Winston Simplified Dictionary. By William Dodge Lewis, Edgar Arthur Singer. Published 1919.
  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. Webster Dictionary DB
  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. Webster Dictionary DB
  4. All the property of a person, firm, or estate which may be used to pay his or its debts; all that one owns; property in general. The Winston Simplified Dictionary. By William Dodge Lewis, Edgar Arthur Singer. Published 1919.
  5. The property of a deceased or insolvent person, considered as chargeable for all debts, etc.: the entire property of all sorts belonging to a merchant or to a trading association. The american dictionary of the english language. By Daniel Lyons. Published 1899.
  6. Effects or estate liable to pay debts. The Clarendon dictionary. By William Hand Browne, Samuel Stehman Haldeman. Published 1894.
  7. Available property, as for payment of debts, legacies, etc. The Concise Standard Dictionary of the English Language. By James Champlin Fernald. Published 1919.
  8. Funds or property available for payment of debts, &c. Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
  9. The stock-in-trade and entire property of a merchant or of a trading association; goods or estate of a deceased person, subject to the payment of his debts; the property of an insolvent debtor. Nuttall's Standard dictionary of the English language. By Nuttall, P.Austin. Published 1914.

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Usage examples for assets

  1. He saw many a Light Weight with a gilt sign exposed on Main Street and no Assets except a Suit with a Velvet Collar, a pair of indestructible dancing Legs, and just enough intellectual Acumen to stir Tea without spilling it. – Ade's Fables by George Ade
  2. In fact, less than twenty percent of Japan's industrial assets are publicly traded. – The Samurai Strategy by Thomas Hoover
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