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assets

Pronunciation: /ˈæsɛts/

The English word “assets” has 5 meanings listed here.

noun

  1. Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
  2. The left side of a balance sheet.
  3. 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.
  4. Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
  5. Private parts; a woman's breasts or buttocks, or a man's genitalia.

Etymology

From Anglo-Norman asetz, from Old French assez (“enough”). Originally singular, with the meaning "enough to meet liabilities"; later reanalyzed as a plural form.

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Definitions are from Wiktionary, extracted by Kaikki.org, and are available under the CC BY-SA 4.0 licence.