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assets — valuable items or properties owned by a person or company

Part of speech: NOUN

Definition: valuable items or properties owned by a person or company

Pronunciation (IPA): /ˈæsets/

Example Sentences

  • My grandmother's secret recipe is our restaurant's greatest asset.
  • The bank froze all his assets after the investigation began.
  • Being able to sleep anywhere is truly an asset when you're a frequent traveler.

assets

NOUN

[/ˈæsets/]

valuable items or properties owned by a person or company

a professional banker carefully shows various valuable items to an interested client sitting across the table. Gold bars, jewelry, stock certificates, and property deeds are neatly arranged between them. The client examines each item while the banker points to different valuable possessions. The banker's confident gesture indicates these items represent significant wealth and value. Other bank employees work quietly in the background managing similar valuable holdings.  valuable items or properties owned by a person or company.
💡 Concept

a professional banker carefully shows various valuable items to an interested client sitting across the table. Gold bars, jewelry, stock certificates, and property deeds are neatly arranged between them. The client examines each item while the banker points to different valuable possessions. The banker's confident gesture indicates these items represent significant wealth and value. Other bank employees work quietly in the background managing similar valuable holdings. valuable items or properties owned by a person or company.

Assets fill golden baskets, but mean nothing beside caskets!
🎵 Rhyme

Assets fill golden baskets, but mean nothing beside caskets!

Got the picture? Now let's practice.

🎤Pronunciation

🇺🇸 US/ˈæsets/
🇬🇧 UK/ˈæsets/

🌳Etymology

Rootasset
Suffix--s

Origin

The word 'assets' originated as a legal term from Latin, derived from the root meaning 'sufficient' or 'enough'. It evolved from the concept of property sufficient to pay debts, eventually developing into the modern financial sense of valuable possessions or resources owned by a person or entity.

Breakdown

ad- (to, toward) + satis (sufficient, enough) → literally 'sufficient to' or 'enough for', originally referring to property adequate to settle debts.

🎵Rhyme

baskets
caskets
gaskets

🔗Collocations

fixed assets
liquid assets
valuable assets
manage assets
total assets
company assets

📝Examples

😄 Fun example

“My grandmother's secret recipe is our restaurant's greatest asset.”

“The bank froze all his assets after the investigation began.”

😄 Fun example

“Being able to sleep anywhere is truly an asset when you're a frequent traveler.”

“The company's assets exceeded one billion dollars last year.”

📚Related Words

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