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Declaration vs Assets - What's the difference?

declaration | assets |

As nouns the difference between declaration and assets

is that declaration is declaration (written or oral indication of a fact, opinion, or belief) while assets is .

declaration

English

Noun

(en noun)
  • A written or oral indication of a fact, opinion, or belief.
  • A list of items for various legal purposes, e.g. customs declaration.
  • The act or process of declaring.
  • (cricket) The act, by the captain of a batting side, of declaring an innings closed.
  • (legal) In common law, the formal document specifying plaintiff’s cause of action, including the facts necessary to sustain a proper cause of action, and to advise the defendant of the grounds upon which he is being sued.
  • (computing) The specification of a variable's type
  • Quotations

    * 1611 , (King James Version of the Bible), 1:1 *: Forasmuch as many have taken in hand to set forth in order a declaration of those things which are most surely believed among us...

    Synonyms

    * (written or oral indication) avowal, notice, statement * (list of items for legal purposes) notice, statement * (act or process of declaring) notice

    See also

    * complaint * statutory * statutory declaration

    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.