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Production vs Assets - What's the difference?

production | assets |

As nouns the difference between production and assets

is that production is the act of producing, making or creating something while assets is .

production

English

Noun

(en noun)
  • The act of producing, making or creating something.
    • The widget making machine is being used for production now.
  • The act of bringing something forward, out etc. for use or consideration.
  • * 1910 , , "The Lost Sanjak", Reginald in Russia :
    • 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 act of being produced
    • The widgets are coming out of production now.
  • the total amount produced
    • They hope to increase spaghetti production next year.
  • the presentation of a theatrical work
    • We went to a production of Hamlet.
  • an occasion or activity made more complicated than necessary
    • He made a simple meal into a huge production .
  • that which is manufactured or is ready for manufacturing in volume (as opposed to a prototype or conceptual model)
    • This is the final production model.
  • The act of lengthening out or prolonging.

    • Derived terms

    * production line

    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.