(n. pl.) Property of a deceased person, subject by law to the payment of his debts and legacies; -- called assets because sufficient to render the executor or administrator liable to the creditors and legatees, so far as such goods or estate may extend.
(n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts.
(n. pl.) The entire property of all sorts, belonging to a person, a corporation, or an estate; as, the assets of a merchant or a trading association; -- opposed to liabilities.
Example Sentences:
(1) A statement from the company said it had assigned all its assets for the benefit of creditors, in accordance with Massachusetts' law.
(2) The surge the prime minister talks about can only be achieved by coordinating assets across 43 forces.
(3) I believe that truth sets man free.” It was a curious stance for someone who spent many years undercover as a counter-espionage informant, a government propagandist, and unofficial asset of the Central Intelligence Agency.
(4) Henderson was given permission to join Fulham when Brendan Rodgers arrived at Anfield in 2012 but has since developed into an important asset for the Liverpool manager, to the extent that the 24-year-old is the leading candidate to succeed Steven Gerrard as club captain when the 34-year-old leaves for LA Galaxy.
(5) Half a million homes were sold in Scotland, we lost a huge, huge chunk of stock, and as house prices began to escalate so any asset to the community has gone.
(6) The Press Association tots up a total of £26bn in asset sales last year – including the state’s Eurostar stake, 30% of the Royal Mail and a slice of Lloyds.
(7) And we will sell those assets that can be managed better by the private sector.
(8) If you get a fit Diaby back, it will be a major asset for our team.
(9) Unfortunately, it probably won’t happen with many countries … But if we can have a great relationship with Russia, and China, and all countries, I’m all for that, that would be a tremendous asset.
(10) Glencore has responded in textbook fashion: it has cut operating costs, sold assets and taken the axe to capital investment.
(11) The reputations of companies linked to fossil fuels are at immediate risk from a fast-growing divestment campaign, one of Europe’s biggest asset managers has warned.
(12) But the full detail of the report and the scale of their assets is striking.
(13) Above all, Addis could help close tax loopholes that allow multinational companies to report profits in tax havens – rather than where their workforces, assets or sales are.
(14) The Ministry of Defence has said it is “planning for a seamless transition of assets”.
(15) The decision to split up News Corp followed the News of the World phone-hacking scandal, which focused the attention of investors on the company's newspaper assets, which are far less profitable than its film and TV businesses.
(16) Declarations are not public and the New York Times said four-fifths of the assets it found were held by relatives not covered by party rules, including his mother and various in-laws.
(17) Work with colleagues to retrieve, centrally store, check permissions and give new life to these assets.
(18) A trained economist, Klatten is Germany's richest woman with assets worth $14.3bn (and 58th richest in the world).
(19) He’s struck a few chords with the immigration stuff, and he’s managed to capture the most valuable asset in a campaign, which is the attention of the press.
(20) Whether divorce interrupts the savings process or destroys assets, it is unlikely that most individuals will be able to save enough in later life to overcome the loss.
Bankrupt
Definition:
(n.) A trader who secretes himself, or does certain other acts tending to defraud his creditors.
(n.) A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person.
(n.) A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities.
(a.) Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant.
(a.) Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury.
(a.) Relating to bankrupts and bankruptcy.
(a.) Destitute of, or wholly wanting (something once possessed, or something one should possess).
(v. t.) To make bankrupt; to bring financial ruin upon; to impoverish.
Example Sentences:
(1) And this has opened up a loophole for businesses to be morally bankrupt, ignoring the obligations to its workforce because no legal conduct has been established.” Whatever the outcome of the pending lawsuits, it’s unlikely that just one model will work for everybody.
(2) Aitken was subsequently declared bankrupt and went to prison.
(3) Green sold BHS for £1 a year ago to a little-known group of investors led by former bankrupt Dominic Chappell .
(4) The Greens controlled BHS for 15 years until they sold it to Dominic Chappell, a three-time bankrupt, for £1 in March 2015.
(5) The economist has managed to persuade fellow EU leaders to release a long-overdue €8bn (£6.8bn) tranche of aid – a lifeline without which the country would have gone bankrupt – but still faces the huge challenges of negotiating a new bailout agreement with international lenders, passing the budget with a majority vote and concluding a debt reduction deal, outlined in the latest €130bn rescue programme for the nation, in the coming weeks.
(6) Green sold BHS for £1 in March 2015 to Dominic Chappell, who has gone bankrupt three times.
(7) This position is both morally bankrupt and hypocritical.
(8) Dominic Chappell, the man who led the buyout, has been declared bankrupt twice.
(9) "I can't imagine how many Chinese factories will go bankrupt, how many Chinese workers would lose their jobs [in the event that China revalued]," he warned.
(10) The challenge facing Europe today goes far wider and deeper than how to handle a small bankrupt country holding only 2% of the EU’s population.
(11) The most famous is Borough Market (the pioneer but has the tendency to bankrupt) but Maltby Street (weekends only) in Bermondsey and Lower Marsh Street (weekdays) in Waterloo are worth a detour.
(12) Staff succeeded despite some seemingly impossible contradictions: John Cardinal O'Connor of the Archdiocese of New York, who has been opposed to the life-styles of most of the people who would use the unit (gays and IV abusers) urged the creation of the unit; St. Clare's had been bankrupt and virtually dismantled just a few years earlier; and the hospital did not have the financial resources, facilities, or AIDS patient caseload of the larger, well-known New York medical institutions.
(13) If you are made bankrupt it is possible to get the bankruptcy order annulled if you can get your creditors to agree to what is called a fast track IVA.
(14) May responded with her well-worn line about Labour borrowing plans that would bankrupt Britain.
(15) The confidence vote was but one step in a long and arduous journey to putting near-bankrupt Greece back on its feet – financially, politically and increasingly socially – barely a year after it secured €110bn (£97bn) in emergency aid, the biggest bailout in western history.
(16) The financial crisis in 2008, the world property crash and Anglo Irish Bank's collapse led to him being bankrupted.
(17) It might be really sordid and bad sexual etiquette, but whatever else it is, it is not rape or you bankrupt the term rape of all meaning."
(18) Aides close to Tsipras insisted that Athens had little desire to “seek enemies abroad” but the leftist leader had a duty to disclose the details of last month’s dramatic negotiations with creditors to keep the bankrupt country afloat.
(19) On Friday in St Petersburg, Florida, the legendary pro-wrestler, whose real name is Terry Bollea, delivered a $115m legal hit on the iconoclastic web publisher, a victory that signals a significant change in the public’s tolerance for media invasions of privacy – and that could bankrupt the site.
(20) Not in the bankrupting part, but they were right that this was a massive corporate giveaway, and they were right that it wasn't going to bring us anywhere near what scientists were saying we needed to do lower emissions.