DictionaryAI

assets

noun
USAS-ets/ˈæsɛts/

5 meanings of assets

Practice

  1. 1
    owned wealthnounplural
    The things a person or company owns that are worth money, such as buildings, cash, or machines.

    The company sold some of its assets to pay its bills.

    Her assets include a small house and a savings account.

    UsageMost often said as someone's assets, and compared with what they owe, their liabilities.

    Similarholdings, property, possessions, resources, wealth

    Oppositedebts

    Note
  2. 2
    noun
    Plural of asset. Use it for more than one asset.

    Good teachers are a school's greatest assets.

    The game's art assets were all drawn by one person.

    Note
  3. 3
    balance sheetnounplural
    In accounting, the side of a balance sheet that lists what a company owns.

    Cash and buildings go under assets on the balance sheet.

    The bakery's new oven was written down under assets in this year's accounts.

    UsageOften said as under assets: cash is listed under assets on the balance sheet.

    Oppositeliabilities

    Note
  4. 4
    bankruptcy or estatenounplural
    In law, what a dead or bankrupt person owns that can be used to pay what they owe.

    After the shop owner went bankrupt, his assets were sold to pay the people he owed.

    After the funeral, her assets went first to settling her debts.

Less common meaning

  1. 5
    body partsnounslangvulgarplural
    A joking slang word for a woman's breasts or bottom, or a man's private parts.

    The comedian joked that the tight costume showed off all his assets.

    She rolled her eyes at the magazine's remark about her assets.

    UsageWords like her assets can sound like this joke, so be careful when praising a person.

    Similarcharms, privates

    Note

assets is a form of asset

asset, noun: Something useful or valuable that a person or business owns. Full entry

Forms
assetassets plural
Spelling
asset → assets: add -s
Sound
The ending sounds like /s/.

Practice

Can you tell the meanings of assets apart? Answer 3 quick questions from this page, or write your own sentence and AI will check it.

Origin

It comes from Old French "assez," meaning "enough." It was first a singular word but later people treated it as a plural.

Checked 7 Nov 2026 · 3 facts