- (n.pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
- (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.) 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.
Webster's Revised Unabridged Dictionary
| APA | Webster's. (2011). assets. Retrieved September 21, 2026, from http://smartdefine.org/assets/definitions/1976450 |
| Chicago | Webster's. 2011. "assets" http://smartdefine.org/assets/definitions/1976450 (accessed September 21, 2026). |
| Harvard | Webster's 2011, assets, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/assets/definitions/1976450>. |
| MLA | Webster's. "assets" 27 May 2011. Web. 21 September 2026. <http://smartdefine.org/assets/definitions/1976450> |