Asset(n.)
- Any article or separable part of one's assets.
Assets(n. pl.)
- 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.
Assets(n. pl.)
- Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
Assets(n. pl.)
- 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.
Asset's
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