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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






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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

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

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

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

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

The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before.
Ron Chernow

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.
Gustav Stresemann

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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