(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.
Obligation
Definition:
(n.) The act of obligating.
(n.) That which obligates or constrains; the binding power of a promise, contract, oath, or vow, or of law; that which constitutes legal or moral duty.
(n.) Any act by which a person becomes bound to do something to or for anouther, or to forbear something; external duties imposed by law, promise, or contract, by the relations of society, or by courtesy, kindness, etc.
(n.) The state of being obligated or bound; the state of being indebted for an act of favor or kindness; as, to place others under obligations to one.
(n.) A bond with a condition annexed, and a penalty for nonfulfillment. In a larger sense, it is an acknowledgment of a duty to pay a certain sum or do a certain things.
Example Sentences:
(1) However, he has also insisted that North Korea live up to its own commitments, adhere to its international obligations and deal peacefully with its neighbours.
(2) Shorten said any arrangement needed to be consistent with international obligations, with asylum seekers afforded due process and their claims properly assessed.
(3) 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.
(4) If we’re waiting around for the Democratic version to sail through here, or the Republican version to sail through here, all those victims who are waiting for us to do something will wait for days, months, years, forever and we won’t get anything done.” Senator Bill Nelson, whose home state of Florida is still reeling from the Orlando shooting, said he felt morally obligated to return to his constituents with results.
(5) 45Calcium has been used to compare the kinetics for the transport and bioaccumulation of this regulatory cation in keratinocyte cultures of a kindred with HPS (i.e., one HPS homozygote, one HPS obligate heterozygote, one normal family member, and healthy adult controls).
(6) The department will consider the judgment to see whether it is obliged to rerun the consultation process.
(7) Physicians have an obligation to ensure that parents make a well-considered decision, and to provide them with counsel and support.
(8) As he told us: 'Individual faults and frailties are no excuse to give in and no exemption from the common obligation to give of ourselves.'
(9) Organisms of the genus Bacteroides represent the major group of obligate anaerobes involved in human infections.
(10) Considerations of different ways of obtaining informed consent, determining ways of minimizing harm, and justifications for violating the therapeutic obligation are discussed but found unsatisfactory in many respects.
(11) As commander in chief, I believe that taking care of our veterans and their families is a sacred obligation.
(12) A 20% discount will save the average first-time buyer £43,000 on a £218,000 home (the average cost paid by such buyers), which would leave a revenue shortfall of £8bn from income if current regulatory obligations had been retained on the 200,000 homes.
(13) Justice Hiley later suggested the conduct required by a doctor outside of his profession, as Chapman was describing it, was perhaps a “broad generality” and not specific enough “to create an ethical obligation.” “It’s no broader than the Hippocratic oath,” Chapman said in her reply.
(14) Asked by Marr if he knew if Ashcroft paid tax in this country, Hague said:" I'm sure he fulfils the obligations that were imposed on him at the time he became …" Marr: "Have you asked him?"
(15) These species are all obligately anaerobic, asaccharolytic, and generally nonreactive, and they grow poorly and slowly on media commonly used to isolate anaerobic bacteria.
(16) According to Swedish law, couples who are planning to marry are obliged to publish their address.
(17) In the present report we summarize our data on 144 obligate female carriers.
(18) But whether it arose from religious belief, from a noblesse oblige or from a sense of solidarity, duty in Britain has been, to most people, the foundation of rights rather than their consequence.
(19) No serious side effects were reported and none of the patients was obliged to terminate treatment because of side effects.
(20) This paper argues that although this is true of some types of obligation, including the ones discussed by Professor Kluge, it is by no means true of all.