Difference between revisions of "Assets"

From BiblePortal Wikipedia
(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...")
 
 
Line 1: Line 1:
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 or a trading association; - opposed to liabilities. </p> <p> (2): </p> <p> (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): </p> <p> (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts. </p>
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.

References