assets
Pronunciation: /ˈæsɛts/
The English word “assets” has 5 meanings listed here.
noun
- Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
- The left side of a balance sheet.
- Sufficient estate; property sufficient in the hands of an executor or heir to pay the debts or legacies of the testator or ancestor to satisfy claims against it.
- Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
- Private parts; a woman's breasts or buttocks, or a man's genitalia.
Etymology
From Anglo-Norman asetz, from Old French assez (“enough”). Originally singular, with the meaning "enough to meet liabilities"; later reanalyzed as a plural form.
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Definitions are from Wiktionary, extracted by Kaikki.org, and are available under the CC BY-SA 4.0 licence.