Assets vs Backed - What's the difference?
assets | backed |
English plurals
(finance) Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.
(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.
(back)
(obsolete, slang) Put on one's back; killed; rendered dead.
(in combination) Having specified type of back.
(in combination) Having specified type of backing.
As a noun assets
is .As a verb backed is
(back).As an adjective backed is
(obsolete|slang) put on one's back; killed; rendered dead.assets
English
Noun
(head)- His assets are much greater than his liabilities.
backed
English
Etymology 1
From (back) (verb)Verb
(head)Etymology 2
From .Adjective
(-)- He wishes to have the senior, or old square-toes, backed ; he longs to have his father on six men's shoulders; that is, carried to the grave.
- a high-backed chair
- sway-backed
- red-backed shrike
- asset-backed securities
