assets Definition and Meaning in English (assets definition)

noun
Quick Answer • Definition

Assets definition: Assets are items of value owned by a person or company, regarded as having an economic value and available to meet debts, commitments, or legacies.

Definitions of Assets

  1. 1noun

    Assets are items of value owned by a person or company, regarded as having an economic value and available to meet debts, commitments, or legacies.

  2. 2noun

    Assets can also refer to useful or valuable qualities, skills, or people that contribute positively to a situation or organization.

Example Sentences

business

“The company's total assets increased significantly last year.”

casual

“His experience and leadership qualities are valuable assets to our team.”

business

“The bank holds various assets, including real estate and investments.”

Inflected Word Forms

nounasset
adjectiveasset-rich

Frequently Asked Questions: Assets in English

What is the meaning of Assets in English?▼
Assets definition: Assets are items of value owned by a person or company, regarded as having an economic value and available to meet debts, commitments, or legacies.
How do you translate 'Assets' to English?▼
'Assets' translates to 'assets' in English. Assets definition: Assets are items of value owned by a person or company, regarded as having an economic value and available to meet debts, commitments, or legacies.
How do you pronounce 'Assets' and 'assets'?▼
Listen to clear English audio pronunciation of 'Assets' and native English audio speech for 'assets' with bilingual sentence examples on DictBridge.

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