Difference between revisions of "Assets"
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(Created page with "Assets <ref name="term_89461" /> <p> (1): </p> <p> (n. pl.) The entire property of all sorts, belonging to a person, a corporation, or an estate; as, the assets of a merchant...") |
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<p> (1): | Assets <ref name="term_89461" /> | ||
==References == | <p> '''(1):''' (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. </p> <p> '''(2):''' (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. </p> <p> '''(3):''' (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts. </p> | ||
== References == | |||
<references> | <references> | ||
<ref name="term_89461"> [https://bibleportal.com/dictionary/webster-s-dictionary/assets Assets from Webster's Dictionary]</ref> | <ref name="term_89461"> [https://bibleportal.com/dictionary/webster-s-dictionary/assets Assets from Webster's Dictionary]</ref> | ||
</references> | </references> |
Latest revision as of 01:58, 13 October 2021
Assets [1]
(1): (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.
(2): (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.
(3): (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.