Assets definition

Plural form of asset.
noun
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1
(law) 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.
noun
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2
(finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.

His assets are much greater than his liabilities.

noun
0
0
Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
noun
0
0
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