noun
assets
A-sehts
noun
1
Everything of value that a person or company owns, especially as it relates to paying off debts.
"The court froze all of his assets during the investigation."
"The firm's assets include property, cash, and equipment."
How to Use Assets
Learner’s notesIn plain EnglishAll the valuable things (money, property, equipment) a person or company owns.
Common pairings
freeze assets
liquid assets
asset management
Word Forms
asset singular
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The court froze all of his _____ during the investigation.
Etymology
From Anglo-Norman asetz ("enough"), originally used in the singular sense of "enough to cover debts" before being reanalyzed as a plural.