Here you may find the In accounting this is equal to the sum of liabilities and equity Word Craze answers and solutions. This crossword clue was last seen on September 1 2021 in the popular Word Craze Daily Puzzle
Definition
| • |
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. |
| • |
Effects of an insolvent debtor or bankrupt, applicable
to the payment of debts. |
| • |
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. |
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