Meaning Of The Word Assets

Real Dictionary

What's the definition of Assets? Find Assets meanings, definitions and more at the Real Dictionary online.

Assets Meaning

Assets Definition
Assets Definition

What's The Definition Of Assets?

assets in Accounting
noun: The assets of a company or a person are all the things that they own.

assets in American English
items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to liabilities)

assets in British English
plural noun: 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

assets in Insurance
noun: Assets are items that are owned by an individual, such as property and investments.

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