assets
noun
Form of asset , plural of asset.
Simple meaning
Any property or object of value that one have, usually considered as applicable to the payment of one's debts.
Pronunciation
Say it like this:
asetsSay the bold part a little louder.
IPA pronunciation (US)
ˈæsɛts
This word is pronounced essentially the same in American and British English, so one transcription covers both.
IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.
Definition
Everyday modern meanings first, grouped by part of speech.
noun
finance
Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
accounting
The left side of a balance sheet.
Word at a Glance
- Difficulty
- A1 · Beginner (estimated)
- Frequency
- Common
- Typical Use
- Everyday English
Word Aura™
How this word commonly comes across.
Aura for this meaning
This meaning: Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
Used this way, assets is a specialist word that usually carries little praise or criticism of its own. This is a financial use: it has a settled meaning in accounting and business, where precision matters more than colour.
- Emotional tone
- Neutral
- Formality
- Specialist/technical
- Intensity
- Not strongly marked
- How common
- Specialized
- Connotation
- Clinical and technical
- Usage feel
- Technical and specialized
Where it naturally appears
- Finance/economics
- Business/professional
Usage note
In general conversation this sense usually needs explaining — outside its field, people reach for a plainer word.
Word Aura describes common impressions, not a measurement. Tone changes with sentence, speaker, relationship and situation.
More ways to use assets
- “His assets are much greater than his liabilities.”noun
- “The assets must equal liabilities, otherwise there is an error in your balance sheet.”noun
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Common Patterns and Combinations
How this word naturally appears with others.
Word Family
Related forms, grouped by how they connect.
Inflected forms
Grammatical variations of the same word.
A useful or valuable quality.
Compound terms
Established multiword terms.
Assets in the form of cash (or easily convertible into cash).
Assets in the form of cash (or easily convertible into cash).
Assets in the form of cash (or easily convertible into cash).
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Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.