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.
Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
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.
Once you do embark upon the separation or divorce process, it is very important to remember three key things: Be kind, be reasonable, be brief. Remember that this person will no longer be your spouse, but he or she will continue to be your co-parent, family member, and perhaps business partner in certain assets or entities. Laura Wasser
The music industry is a strange combination of having real and intangible assets: pop bands are brand names in themselves, and at a given stage in their careers their name alone can practically gaurantee hit records. Richard Branson
Time and health are two precious assets that we don't recognize and appreciate until they have been depleted. Denis Waitley
We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts. Suze Orman
One of the great responsibilities that I have is to manage my assets wisely, so that they create value. Alice Walton