Definitions
from The Century Dictionary.
- In law: 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. Any goods or property or right of action properly available for the payment of a bankrupt's or a deceased person's obligations or debts: generally used to signify resources for the payment of debts, etc.
- Property in general; all that one owns, considered as applicable to the payment of his debts: as, his assets are much greater than his liabilities.
- Any portion of one's property or effects so considered: as, these shares are a valuable asset.
from the GNU version of the Collaborative International Dictionary of English.
- noun plural Property of a deceased person, subject by law to the payment of his debts and legacies; -- called
assets becausesufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend. - noun plural Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
- noun plural The entire property of all sorts, belonging to a person, a corporation, or an estate; ; -- opposed to
liabilities .
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Plural form of
asset . - noun finance Any
property orobject ofvalue that onepossesses , usually considered as applicable to thepayment of one'sdebts . - noun law Sufficient
estate ; property sufficient in the hands of anexecutor orheir to pay thedebts orlegacies of thetestator orancestor to satisfyclaims against it. - noun Any
goods or property properly available for thepayment of abankrupt 's or adeceased person'sobligations ordebts .
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun anything of material value or usefulness that is owned by a person or company
Etymologies
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Examples
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The IRS estimates that about $5 trillion in assets is held in tax havens worldwide.
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When Treasury buys assets at auction, an institution that has sold more than $300 million in assets is subject to additional taxes, including a 20% excise tax on golden parachute payments triggered by events other than retirement, and tax deduction limits for compensation limits above $500,000.
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BLITZER: And do you believe that any of your what they call assets overseas have been hurt, arrested, picked up, tortured, because your identity was released?
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In my history I've always found it imperative to start by getting a clear understanding of the company's enterprise level value assets which I define as the assets that help us build and sustain a competitive advantage.
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Any decline we have in what we call assets under administration as related to the market decline.
pfblogs.org: The Ad-Free Personal Finance Blogs Aggregator 2008
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While most corporations protect your personal assets from the corporation’s liability, HOA corporations do exactly the opposite, since one of an HOA corporation’s assets is the right to the property of individual home owners.
The Volokh Conspiracy » The Second and Sixth Amendments 2010
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Financial engineering and acquisition integration when it comes to new and old media assets is the bomb, as you plot how to blend assets, what prices to pay, and the war of negotiation, tied into kick ass expense accounts, remuneration as well as equity and fixed cash upside. (compared to a startup where u have a vbig equity stake and need to pain/bootstrap valuation as far as possible for as long as possible before going to next level - you also dont have to rely on technical systems, other than macros in spreadsheets and some of the new fandangled ways of reading encrypted documents and not making copies, circulating them etc as detailed in paper yesterday for the PBL deal)
Archive 2006-10-01 Ben Barren 2006
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Financial engineering and acquisition integration when it comes to new and old media assets is the bomb, as you plot how to blend assets, what prices to pay, and the war of negotiation, tied into kick ass expense accounts, remuneration as well as equity and fixed cash upside. (compared to a startup where u have a vbig equity stake and need to pain/bootstrap valuation as far as possible for as long as possible before going to next level - you also dont have to rely on technical systems, other than macros in spreadsheets and some of the new fandangled ways of reading encrypted documents and not making copies, circulating them etc as detailed in paper yesterday for the PBL deal)
PBL Media Asset Breakup Value : What is ninemsn Worth ? Ben Barren 2006
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Those who inherit wealth have done nothing but been lucky to have sprung from wealthy loins; for this reason every civilisation has imposed a levy on the transfer of assets from the very wealthy to their children.
We deserve a fair society, but it won't be created by a vendetta against the poor Will Hutton 2010
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It had net debt of € 53.89 billion at June 30 and plans to sell assets € 7 billion in assets this year.
Endesa Sells Gas Assets to Goldman Funds Christopher Bjork 2010
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