Production vs Assets - What's the difference?
As nouns the difference between production and assets
is that production
is the act of producing, making or creating something while assets
The act of producing, making or creating something.
The act of bringing something forward, out etc. for use or consideration.
* 1910 , , "The Lost Sanjak", Reginald in Russia :
- The widget making machine is being used for production now.
the act of being produced
- I tramped to a neighbouring market-town, and, late as the hour was, the production of a few shillings procured me supper and a night's lodging in a cheap coffee-house.
the total amount produced
- The widgets are coming out of production now.
the presentation of a theatrical work
- They hope to increase spaghetti production next year.
an occasion or activity made more complicated than necessary
- We went to a production of Hamlet.
that which is manufactured or is ready for manufacturing in volume (as opposed to a prototype or conceptual model)
- He made a simple meal into a huge production .
The act of lengthening out or prolonging.
- This is the final production model.
* production line
(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.
- His assets are much greater than his liabilities.