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Definition of Assets

Assets 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. Related Definitions: Administrator, All, An, And, Applicable, As, Assets, Association, Bankrupt, Because, Belonging, By, Called, Corporation, Debtor, Deceased, Entire, Estate, Executor, Extend, Far, Goods, His, Insolvent, Law, Legacies, Liabilities, Liable, May, Merchant, Of, Opposed, Or, Payment, Person, Property, Render, So, Subject, Such, Sufficient, The, To, Trading

Assets Quotations If you count all your assets you always show a profit. Wilson Mizner Life is constantly providing us with new funds, new resources, even when we are reduced to immobility. In life's ledger there is no such thing as frozen assets. Henry Miller Historians still often see the end of the war as meaning nothing more for Germany than lost territories, lost participation in colonization, and lost assets for the state and individuals. They frequently overlook the most serious loss that Germany suffered. Gustave Stresemann You have to make sure that your assets and your back is protected before you make any big decisions. Adam Rich In our excessive involvement in the affairs of other countries, we are not only living off our assets and denying our own people the proper enjoyment of their resources; we are also denying the world the example of a free society enjoying its freedom to the fullest. J. William Fulbright

Assets Translations assets in Dutch is bedrijvende vorm, actief, bezit assets in German is Aktiva {pl} assets in Portuguese is recursos

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