Assets Meaning in Spanish
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Definition & Synonyms
• Assets
Definition & Meaning
- (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.
• Asset
Definition & Meaning
- (n.) Any article or separable part of ones assets.
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