Definition of Assets

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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:

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Assets Quotations

Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful".
Warren Buffett

If you count all your assets you always show a profit.
Wilson Mizner

Time And health are two precious assets that we don't recognize and appreciate until they have been depleted.
Denis Waitley

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

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

This is really high on the priority list of tribal concerns. This is a cash cow in many circumstances, and tribes are concerned about protection of tribal assets.
Jack Abramoff

Never walk away from failure. On the contrary, study it carefully and imaginatively for its hidden assets.
Michael Korda

As costly as it was in the lives of our men and women in uniform, in military assets, and in esteem and pride, Pearl Harbor was a watershed moment for America.
Joe Baca

Instead of seeing these children for the blessings that they are, we are measuring them only by the standard of whether they will be future deficits or assets for our nation's competitive needs.
Jonathan Kozol

Assets are cold.
John Kluge

Assets Translations

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

Quotes