Declaration vs Assets - What's the difference?
declaration | assets |
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
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 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)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) noticeSee also
* complaint * statutory * statutory declarationExternal links
* (wikipedia) ----assets
English
Noun
(head)- His assets are much greater than his liabilities.