as|sets

as|sets
as|sets «AS ehts», noun (plural).
1. things of value; all items of value owned by a person or business and constituting the resources of the person or business. Real estate, cash, securities, inventories, patents, and good will are assets. »

His assets include a house, a car, stocks, bonds, and jewelry.

Figurative. »

Honesty is one of the judge's most valuable assets.

2. property that can be used to pay debts.
3. Accounting. the entries on a balance sheet that express in terms of money the value of the tangible things or intangible rights which constitute the resources of a person, business, or organization, as of a given date.
╂[< Old French asez enough < Latin ad satis sufficiently (misunderstood as a plural noun “sufficient things”)]

Useful english dictionary. 2012.

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