asset etymology

Etymology:

  • French: "asset"
  • Old French: "assez" (enough, sufficient)
  • Latin: "ad satis" (to satisfaction)

Meaning:

An asset is a resource or property owned by an individual or organization that has economic value or can be converted into cash. Assets can include tangible items (e.g., buildings, equipment) and intangible items (e.g., patents, trademarks).

Origin:

The word "asset" originated in the 14th century from the Old French term "assez," which means "enough" or "sufficient." It was originally used in a legal context to describe property that was sufficient to satisfy a debt or obligation. Over time, the meaning of "asset" expanded to include any type of resource or property with economic value.

Usage:

  • In accounting, assets are listed on the balance sheet as a financial statement that summarizes the financial position of a company.
  • In economics, assets are used to calculate wealth and investment returns.
  • In business and finance, the term "asset allocation" refers to the process of dividing an investment portfolio among different asset classes (e.g., stocks, bonds, real estate).

asset relate terms

  • assets

    Etymology The word assets comes from the Old French word assetz which means enough

  • plus

    Etymology From Old French plus from Latin plus more Latin plus is ultimately d

  • specialty

    Etymology The word specialty derives from the Latin word specialis which means par

  • advantage

    Etymology Old French avantage Latin advantagium an advantage Vulgar Latin advent

  • strength

    Etymology Old English strengð Proto Germanic straggaz Proto Indo European strenǵʰ

  • quality

    Etymology The word quality derives from the Latin word qualitas which means nature

  • recourse

    Etymology Latin recursus From re back currere to run Meaning A sourc

  • resource

    Etymology The word resource is derived from the Old French recours which means a g

  • speciality

    Etymology Special adjective Middle English from Old French especial from Latin s

  • screen

    Etymology The word screen comes from the Old French word escran which in turn is de

  • austere

    Etymology Late Latin austērus harsh severe Greek austēros dry harsh Proto I