assets

Noun

• anything of material value or usefulness that is owned by a person or company
• a useful or valuable quality
• plural of asset
• Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
• The left side of a balance sheet.
• 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.
• Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
• Private parts; a woman's breasts or buttocks, or a man's genitalia.

Examples

• His assets are much greater than his liabilities.
• The assets must equal liabilities, otherwise there is an error in your balance sheet.

Synonyms

asset, plus

Antonyms

liability