assets
/ˈæsɛts/
Word Rarity
Uncommon
Frequency: 4.56 in modern English
6
Scrabble Score
6
Letters
2
Syllables
4
Unique Chars
Meaning
noun
Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
noun
The left side of a balance sheet.
noun
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.
Example Sentences
- "His assets are much greater than his liabilities."
- "The assets must equal liabilities, otherwise there is an error in your balance sheet."
Etymology
Etymology tree Proto-Indo-European *h₂éd Proto-Italic *ad Latin ad Proto-Indo-European *seh₂- Proto-Indo-European *-tis Proto-Indo-European *séh₂tis Proto-Italic [Term?] Latin satis Early Medieval Latin ad satis Old French asez Anglo-Norman asetzder. English assets From Anglo-Norman asetz, from Old French assez (“enough”). Originally singular, with the meaning "enough to meet liabilities"; later reanalyzed as a plural form.
Origin
- Source language: Old French
Word Breakdown
- Root: asetz, assez