Meaning Of The Word Assets

Real Dictionary
  1. Real Dictionary
  2. A Words Definitions
  3. Section A-381
  4. Assets

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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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