assets Definition

1. The total value of the property and possessions of a person or company, especially when thought of in terms of whether or not it is enough to cover any debts. Compare liabilities.

Thesaurus: capital, funds, holdings, means, wealth, property, resources, reserves, possessions, wherewithal, goods, estate.
2. law.
The total property that belonged to someone who has died and which is then at the disposal of an executor for the payment of any outstanding debts, legacies, etc.
3. Any property, possessions, shares, money, etc held by someone or by a company, etc.