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Meaning of assets
The primary meaning of the word "assets" refers to valuable or useful qualities, skills, or resources of a person or organization.
Etymology of assets
The word "assets" originates from the Old French word "assetz," which is the plural form of "asset," meaning "enough" or "sufficient"
It is derived from the phrase "assez," meaning "enough" or "sufficient," which is a combination of "as" (as) and "se" (him, her, or it)
Historically, the term "assets" was used in accounting and law to refer to property or resources that could be used to pay off debts or meet financial obligations
Synonyms
resources
possessions
wealth
property
riches
capital
funds
investments
valuables
belongings
goods
commodities
treasures
holdings
securities
equities
reserves
savings
endowments
heritages
legacies
inheritances
estates
fortunes
riches
boons
benefits
advantages
strongpoints
strengths
positives
pluses
credits
merits
virtues
excellences
perfections
Definitions
- A valuable or useful quality, skill, or resource of a person or organization
- A person or thing that is considered valuable or useful
- Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies
Usage Examples
- The company's assets include a large portfolio of stocks and bonds
- Her language skills are a valuable asset in the international business world
- The new employee's experience in marketing is a significant asset to the team
Antonyms
liabilities
debts
weaknesses
disadvantages
drawbacks
flaws
shortcomings
defects
deficiencies
inadequacies
insufficiencies
handicaps
impediments
obstacles
barriers
hindrances
detriments
encumbrances
burdens
millstones