Benefits vs Assets - What's the difference?
benefits | assets |
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.
As nouns the difference between benefits and assets
is that benefits is while assets is .As a verb benefits
is (benefit).assets
English
Noun
(head)- His assets are much greater than his liabilities.