Property vs Assets – What’s the difference?

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Property vs Assets - What's the difference?
As nouns the difference between property and assets is that property is something that is owned while assets is .

As a verb property is (obsolete) to invest with properties, or qualities.

property

English

Alternative forms

* propretie

Noun

  • Something that is owned.
  • *{{quote-book, year=1927, author= F. E. Penny

    • , chapter=4, title= Pulling the Strings
    , passage=A turban and loincloth soaked in blood had been found; also a staff. These properties were known to have belonged to a toddy drawer. He had disappeared.}}

  • A piece of real estate, such as a parcel of land.
  • Real estate; the business of selling houses.
  • The exclusive right of possessing, enjoying and disposing of a thing.
  • An attribute or abstract quality associated with an individual, object or concept.
  • * {{quote-magazine, year=2013, month=July-August, author= Philip J. Bushnell

    • , magazine=(American Scientist), title= Solvents, Ethanol, Car Crashes & Tolerance
    , passage=Furthermore, this increase in risk is comparable to the risk of death from leukemia after long-term exposure to benzene, another solvent, which has the well-known property of causing this type of cancer.}}

  • An attribute or abstract quality which is characteristic of a class of objects.
  • * {{quote-magazine, year=2013, month=July-August, author= Lee S. Langston, magazine=(American Scientist)

    • , title= The Adaptable Gas Turbine
    , passage=Turbines have been around for a long time—windmills and water wheels are early examples. The name comes from the Latin turbo”, meaning ”vortex , and thus the defining property of a turbine is that a fluid or gas turns the blades of a rotor, which is attached to a shaft that can perform useful work.}}

  • (label) An editable or read-only parameter associated with an application, component or class, or the value of such a parameter.
  • An object used in a dramatic production.
  • (label) Propriety; correctness.
    • (Camden)

    Synonyms

    * (something owned) belongings, owndom, possession
    * (piece of real estate) land, parcel
    * (attribute or abstract quality of an object) attribute, feature, owndom
    * (object used in a dramatic production) prop
    * See also
    * See also

    Derived terms

    * abandoned property
    * accidental property
    * bound property
    * chemical property
    * country property
    * essential property
    * hot property
    * intellectual property
    * lost property
    * man of property
    * mechanical property
    * metaproperty
    * mislaid property
    * personal property
    * physical property
    * private property
    * prop
    * propertied
    * property file
    * property ladder
    * property law
    * property line
    * property man
    * property master
    * property owner
    * property porn
    * property rights
    * property tax
    * propertyless
    * public property
    * qualified property
    * real property

    Related terms

    (Terms etymologically related to “property”)
    * proper
    * proprietary
    * proprietor

    Verb

  • (obsolete) To invest with properties, or qualities.
    • (Shakespeare)
  • (obsolete) To make a property of; to appropriate.
  • * Shakespeare
    • They have here propertied me.

    Statistics

    *

    assets

    English

    Noun

    (head)

  • English plurals
  • (finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one’s debts.
    • His assets are much greater than his liabilities.
  • (legal) Sufficient estate; property sufficient in the hands of an executor or heir to pay the debts or legacies of the testator or ancestor to satisfy claims against it.
  • Any goods or property properly available for the payment of a bankrupt’s or a deceased person’s obligations or debts.

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