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Definition of "assets" []

  • Plural form of asset. (noun)
  • Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts. (noun)
  • 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. (noun)
  • Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts. (noun) : Text is available under the Creative Commons Attribution-ShareAlike License

Use "assets" in a sentence
  • "The IRS estimates that about $5 trillion in assets is held in tax havens worldwide."
  • "When Treasury buys assets at auction, an institution that has sold more than $300 million in assets is subject to additional taxes, including a 20% excise tax on golden parachute payments triggered by events other than retirement, and tax deduction limits for compensation limits above $500,000."
  • "BLITZER: And do you believe that any of your what they call assets overseas have been hurt, arrested, picked up, tortured, because your identity was released?"