the property and claims against debtors that a business enterprise may apply to discharge its liabilities. Assets may be fixed, current, liquid, or intangible and are shown balanced against liabilities
Compare liabilities
2. law
the property available to an executor or administrator for settlement of the debts and payment of legacies of the estate of a deceased or insolvent person
3.
any property owned by a person or firm
Word origin
C16 (in the sense: enough to discharge one's liabilities): via Anglo-French from OldFrench asez enough, from Vulgar Latin ad satis (unattested), from Latin ad up to + satis enough
assets in Insurance
(æsɛts)
noun
(Insurance: Life insurance)
Assets are items that are owned by an individual, such as property and investments.
The balance sheet shows assets, including investments and reinsurance, and liabilities, such as loss reserves topay claims in the future.
Insurance does not protect the assets but only compensates the policyholder for economic or financial loss.
Assets are items that are owned by an individual, such as property and investments.
assets in Accounting
(æsɛts)
noun
(Accounting: Financial statements)
The assets of a company or a person are all the things that they own.
A provisional liquidator can either restructure the company or sell off its assets.
The proportion of all luxury spending that went on art increased as investors lookedfor assets that would hold their value in the longer term.
The assets of a company or a person are all the things that they own.
current assets, fixed assets, intangible assets, liquid assets, net assets, return on assets
Related wordsAn organization's assets are the things it owns, and its liabilities are the sums of money that it owes. These sums are entered as claims on the assetsshown on the balance sheet.
Synonyms of 'assets'
property, goods, means, holdings
More Synonyms of assets
All related terms of 'assets'
asset
Something or someone that is an asset is considered useful or helps a person or organization to be successful .
buy assets
The assets of a company or a person are all the things that they own.
hold assets
The assets of a company or a person are all the things that they own.
net assets
Net assets are the total assets of a company minus the total liabilities .
own assets
The assets of a company or a person are all the things that they own.
safe assets
The assets of a company or a person are all the things that they own.
sell assets
The assets of a company or a person are all the things that they own.
fixed assets
nontrading business assets of a relatively permanent nature , such as plant, fixtures , or goodwill
fluid assets
assets that are in the form of cash or easily convertible into cash
freeze assets
The assets of a company or a person are all the things that they own.
frozen assets
business assets that are not convertible into cash , as by government direction or business conditions
gross assets
The assets of a company or a person are all the things that they own.
liquid assets
assets in the form of money or easily convertible into money
quick assets
assets readily convertible into cash ; liquid current assets
risky assets
The assets of a company or a person are all the things that they own.
seize assets
The assets of a company or a person are all the things that they own.
acquire assets
The assets of a company or a person are all the things that they own.
capital assets
any assets , tangible or intangible , that are held for long-term investment
current assets
Current assets are assets which a company does not use on a continuous basis , such as stocks and debts , but which can be converted into cash within one year.
floating assets
cash and operating assets that are convertible into cash within a year
genuine assets
the tangible and intangible assets that make an organization unique , including things such as exclusive customer relationships, etc
overseas assets
The assets of a company or a person are all the things that they own.
property assets
The assets of a company or a person are all the things that they own.
tangible assets
physical financial assets , as of a business, etc; for example , property, vehicles, equipment , etc
financial assets
The assets of a company or a person are all the things that they own.
intangible assets
property or assets that are saleable though not possessing intrinsic productive value
invisible assets
assets that are not physical , such as services or good will
assets are worth
The assets of a company or a person are all the things that they own.
non-core assets
The assets of a company or a person are all the things that they own.
return on assets
A return on assets is a measure of profitability that is calculated by dividing net income after interest and taxes by average total assets.
sell off assets
The assets of a company or a person are all the things that they own.
liquid assets ratio
the ratio of those assets that can easily be exchanged for money to the total assets of a bank or other financial institution
fixed asset
Fixed assets are assets which a company uses on a continuous basis , such as property and machinery .
capital asset
See fixed asset
wasting asset
an unreplaceable business asset of limited life, such as a coal mine or an oil well
chargeable asset
any asset that can give rise to assessment for capital gains tax on its disposal . Exempt assets include principal private residences , cars, investments held in a personal equity plan, and government securities
liquidity ratio
the ratio of those assets that can easily be exchanged for money to the total assets of a bank or other financial institution
(plural noun)
The group has assets worth billions of euros.
Synonyms
property
goods
You can give all your unwanted goods to charity.
means
He did not have the means to compensate her.
holdings
money
funds
The concert will raise funds for medical research.
effects
His daughters came to collect his effects.
capital
riches
Some people want fame or riches.
finance
The company's accountant manages our finances.
reserves
resources
estate
wealth
valuables
possessions
Additional synonyms
in the sense of effects
Definition
personal belongings
His daughters came to collect his effects.
Synonyms
belongings,
goods,
things,
property,
stuff,
gear,
furniture,
possessions,
trappings,
paraphernalia,
personal property,
accoutrements,
chattels,
movables
in the sense of finance
Definition
money resources
The company's accountant manages our finances.
Synonyms
resources,
money,
funds,
capital,
cash,
affairs,
budgeting,
assets,
cash flow,
financial affairs,
money management,
wherewithal,
financial condition
in the sense of funds
Definition
money that is readily available
The concert will raise funds for medical research.