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The Meaning of assets

  • (n. pl.) Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend.
  • (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
  • (n. pl.) The entire property of all sorts, belonging to a person, a corporation, or an estate; as, the assets of a merchant or a trading association; -- opposed to liabilities.

Rhymes

baronets , begets , bets , betts , betz , bretts , bretz , brevets , brunettes , cabernets , cassettes , cigarettes , corvettes , debts , diskettes , duets , fettes , fetz , forgets , gets , getts , getz , goetz , greitz , gretz , hetz , jets , ketz , kmetz , kretz , kuznets , lets , letts , letz , mets , metz , minarets , nets , netz , nonjets , pets , petz , pipettes , pirouettes , pletz , quetsch , regrets , resets , retz , rockettes , rosettes , sets , soviets , stetz , suffragettes , sweats , upsets , vets , vignettes , wetz