(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.
Heir
Definition:
(n.) One who inherits, or is entitled to succeed to the possession of, any property after the death of its owner; one on whom the law bestows the title or property of another at the death of the latter.
(n.) One who receives any endowment from an ancestor or relation; as, the heir of one's reputation or virtues.
(v. t.) To inherit; to succeed to.
Example Sentences:
(1) Antoine Comte, a lawyer for the Schloss heirs, said all the family wanted was the return of the painting.
(2) Diana of the sapphire eyes was rated more perfect than Botticelli's Venus and attracted Bryan Guinness, heir to the brewing fortune, as soon as she was out in society.
(3) They are most commonly described as conduct disordered and hyperactive, appear heir to a variety of deficits in verbal and abstract cognition, and perform more poorly in the academic environment.
(4) Another example is the death in 1817 of Princess Charlotte, in childbirth, which led to the scramble of George III's aging sons to marry and beget an heir to the throne.
(5) Museveni, who has held power for nearly three decades, has never said he sees his son as his political heir.
(6) Throughout his career he has continued to champion Crane, seeing him as the direct heir to Walt Whitman – Whitman being "not just the most American of poets but American poetry proper, our apotropaic champion against European culture" – and slayer of neo-Christian adversaries such as "the clerical TS Eliot" and the old New Critics, who were and are anathema to Bloom, unresting defender of the Romantic tradition.
(7) Her parents, Apiruj and Wanthanee Suwadee, were found guilty of violating Article 112 of Thailand’s criminal code which says anyone who “defames, insults or threatens the king, the queen, the heir-apparent or the regent” will be punished with up to 15 years in prison.
(8) The anointed heir, Xi Jinping , commanded less attention than former general secretary Jiang Zemin, seated next to current leader Hu Jintao.
(9) The two reformists Mr Mousavi and Mehdi Karroubi have sought to portray themselves as the true heirs of the Islamic revolution's spiritual leader, the late Ayatollah Khomeini, but this tactic has since worn thin and Khomeini's successor Ayatollah Ali Khamenei has stepped up his drive to paint Mousavi and Karroubi as western-run heretics.
(10) Welsh, but London-based, Jones's real offence to leftwingers - heirs to Nye Bevan - was to be a Blairite, "parachuted" into Blaenau Gwent.
(11) Revelations about Charles' power of consent come amid continued concern that the heir to the throne may be overstepping his constitutional role by lobbying ministers directly and through his charities on pet concerns such as traditional architecture and the environment.
(12) In the past, they were mostly wealthy British citizens seeking to hold their money outside the UK to avoid income tax and capital gains tax on their earnings, and to pass their wealth to heirs without inheritance tax.
(13) The spectacular ascent that saw him grace the cover of Newsweek as Asian of the Year and become the heir apparent of then prime minister Mahathir Mohamad was met with an equally spectacular crash in 1998, when the two fell out and Anwar was imprisoned for six years on corruption and sodomy charges, claims he repeatedly dismissed as politically motivated.
(14) The American heirs of a German-Jewish family have launched an unprecedented partnership with German state institutions to try to recover a vast art collection stolen by the Nazis.
(15) For seven years, the government has been fighting to prevent the disclosure of the letters – dubbed "black spider memos" because of the heir's handwriting.
(16) Tim Loughton, a Sussex MP, said it would be a "nonsense" to stop the heir to the throne talking to ministers as he had always come across as "well briefed and knowledgeable" in their meetings.
(17) But both Kennedy and Marks are now dead and Mossa said they had been unable to establish an obvious heir.
(18) Carter and the former leaders of Finland, Norway and Ireland were hoping for talks with Kim Jong-il and his son and heir apparent, Kim Jong-un.
(19) The gene termed heir-1 was localized to the neuroblastoma consensus deletion at 1p36.2-p36.12.
(20) Since Evans’ original request to see Charles’s letters, the government tightened up the Freedom of Information Act to provide an “absolute exemption” on all requests relating to the Queen and the heir to the throne.