noun

definition

Something or someone of any value; any portion of one's property or effects so considered.

example

These shares are a valuable asset.

definition

Any component, model, process or framework of value that can be leveraged or reused.

definition

An intelligence asset.

definition

(usually in the plural) The private parts; a woman's breasts or buttocks, or a man's genitalia.

noun

definition

Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.

example

His assets are much greater than his liabilities.

definition

The left side of a balance sheet.

example

The assets must equal liabilities, otherwise there is an error in your balance sheet.

definition

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.

definition

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

definition

(usually in the plural) Private parts; a woman's breasts or buttocks, or a man's genitalia.

Examples of assets in a Sentence

The life insurance companies have assets to the value of about $225,000,000.

The indigenous population must be considered one of the assets of Liberia.

The assets of the Trade Departments were valued at £110,657 in 1909.

Banking.-There are four banks of issue, of which two are local institutions; their united assets average £3,576,700.

Fully charged assets should not normally be insured by the official receiver - see paragraph 8.70.

For all legal purposes, the assets of the foundation shall constitute a separate patrimony from the personal assets of the founder.

And while it does this, a governing body must ensure the solvency of the college and safeguard its assets.

On the other hand, "liabilities" are the opposite of assets.

The net disinvestment in tenanted farmland continues, with 4.9% of the investment assets held in the index sold during 2005.

The commander provides the focus to prioritize these IO assets.

Secure your digital assets by placing them outside the public_html folder thus preventing any direct link exploits.

Can I raise finance in the UK on these assets?

The assets of the scheme are held in a separate trustee administered fund.

Jigsaw Co-operative limited is a company limited by guarantee with all assets held in common.

Unlike other assets, properties have to be managed and markets can be very illiquid, he says.

It is significant that some market contacts have expressed misgiving about the present scale of demand for risky and potentially illiquid assets.

The assets are held in beneficial ownership for its staff.

In 1908 the state debt was $816,785, and the assets in bonds, railway mortgages and bank stocks exceeded the liabilities by $7 1 7,779.

In 1906 the six fire insurance companies had an aggregate capital of more than $10,000,000; on the 1st January 1906 they reported assets of about $59,000,000 and an aggregate surplus of $30,000,000.

On the 30th of June 1908 the total cash assets of the government were $7,860,697, of which $6,000,000 was invested in New York City real estate, and more than $1,500,000 was in deposits in New York.

Obtain optimum value The aim on disposal of heritage assets should be to obtain optimum value, rather than the highest price.

The husband has the [insurance policies] worth £ 7,400 and about £ 4,000 in assets disposed of.

The Association wishes to achieve a balanced return from a broadly diversified blend of assets.

Nor are they using these assets to spend and boost the economy.

Measures or policies taken to address coastal erosion or flooding can often pose a new risk to historic assets.

Assets play a crucial role in generating Britain's widening inequality.

Settled property This leaflet explains how we charge inheritance tax on assets which are included in a settlement.

Trading in the two assets classes is often intermingled indeed, the deals may be on separate sides of the same coin.

Since most people die intestate, state intestacy laws govern how most people's assets are distributed after their ' passing.

The Heritage Trail - " One of his sceptred isle 's greatest assets is her incredible wealth of heritage.

The new regime will mean that lessees may be able to claim capital allowances on assets they have financed on lease terms.

Overseas leasing UK based lessors have not been able to lease assets to overseas lessees due to the penal overseas leasing rules.

A properly drafted contractual lien would extend over any other aircraft or assets of the operator which are in the facility's hands.

Nearly 60 per cent of the street lighting assets will need replacing over the first five years of the contract.

Building new airport capacity at the rate projected would leave the UK with seriously misconceived investment in ' stranded assets ' .

The assets liabilities who learned from is essential how the only motocross.

One of his primary roles is to use the House's digital assets to produce educational multimedia.

But the driving motive for such acquisitions has been the availability of attractive assets abroad and the ability to fi nance them.

By avoiding probate, a living trust gets your assets distributed significantly more quickly than a will does.

Background In ancillary relief proceedings the Husband had removed the parties ' joint assets from the jurisdiction without the Wife's knowledge or consent.

The sole proprietor can transfer the business only by the sale of business assets.

The value of any assets under a GWR would remain part of your estate for IHT purposes.

Its net foreign assets have nearly quadrupled in the past twelve years.

The lessor would report financial assets (representing amounts receivable from the lessee) and residual interests as separate assets.

You will be involved with a variety of tasks including balance sheet reconciliations, fixed assets and variance analysis.

These changes extend the more generous business taper relief to many more shareholdings than previously are also business assets.

In return for this payment, they formally renounced all their rights to German assets in Switzerland.

Changes in the type and quantity of supported equipment, as well as the tactical situation, may require reorganization of recovery assets.

Therefore for companies they will be qualifying assets under the intangible asset rollover relief provisions but not under the chargeable gains rollover relief provisions.

In 2002 her first short screenplay, Frozen Assets, was selected for production via the Short Film Factory screenwriting scheme.

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