assets
/ˈæsets/
Meanings
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noun
The tangible and intangible property owned by an individual or organization. It can include cash, securities, buildings, equipment, and intellectual property.
- "The company's assets totaled over $1 billion."
- "Her primary assets were her education and her experience."
Antonyms
liability
Rhymes
Words rhyming with assetssets , debits , bets
Variants
List of all variants of assets that leads to same resultasset , assets , current assets , quick assets , working asset , working assets
Etymology
origin and the way in which meanings have changed throughout history.The word 'assets' comes from the Old French word 'assez,' meaning 'sufficient,' and was originally used to refer to having enough resources to meet one's needs.
Trivia
Any details, considerations, events or pieces of information regarding the word-
The term 'assets' is often used in the business world, particularly in financial statements.
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The total value of all assets in the world is estimated to be over $250 trillion.
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Assets can be categorized as either current or non-current, depending on whether they are expected to be converted into cash within one year or not.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
liabilities: Assets are often contrasted with liabilities, which are obligations or debts that a person or organization owes.
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net worth: Net worth is the total value of a person's or organization's assets, minus their liabilities.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.Assets have cultural significance in various contexts. In literature, they are often depicted as symbols of wealth, power, and success. In art, they can be represented through still life paintings or sculptures. In music, the term 'assets' is sometimes used metaphorically to refer to a musician's skills or abilities.
How to Memorize "assets"
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visualize
- To visualize assets, imagine a pile of money, stocks, real estate, and other valuable possessions.
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associate
- To memorize assets, associate the word with something meaningful or memorable, such as the word 'wealth' or 'prosperity'.
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mnemonics
- One mnemonic for remembering assets is to think of the acronym 'CAKE' which stands for Cash, Accounts Receivable, Kickass Products or Services, and Equipment.
Memorize "assets" using Dictozo
The best and recommended way to memorize assets is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:
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Highlighting:
Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
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Periodic Reminders:
Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.