assets (B1)
noun
Pronunciation: /ˈæsɛts/
Definition
All the property and possessions of a particular person, company, or organization, especially those that have value or can be used to pay debts.
Examples
The bankruptcy court seized the company's assets to pay off its creditors.
She has significant assets, including a house, a car, and a large investment portfolio.
How to Use assets
- assets and liabilities (collocation)
- The two main categories in a company's balance sheet: what it owns and what it owes. — "The financial report detailed the company's assets and liabilities."
- protect assets (collocation)
- To take measures to keep assets safe from loss, damage, or theft. — "It is crucial to protect your digital assets from cyber threats."
- seize assets (collocation)
- To legally take possession of assets, usually due to unpaid debts or illegal activity. — "The government has the power to seize assets obtained through criminal activities."
Synonyms of assets
Words with a similar meaning to assets:
Antonyms of assets
Words with the opposite meaning to assets:
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