What's the difference between
and
Enter two words to compare and contrast their definitions, origins, and synonyms to better understand how those words are related.

Assets vs Belongings - What's the difference?

assets | belongings |

As nouns the difference between assets and belongings

is that assets is plural of lang=enCategory:English plurals while belongings is plural of lang=en; possessions or personal items.

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.

    • belongings

    English

    Noun

    (head)
  • ; possessions or personal items.
  • * You may leave your belongings in the cloakroom

    • Usage notes

    * Usually limited to tangible personal property, that is, excluding real estate and financial assets other than currency.

    Synonyms

    * (personal items) personal effects * See also