Assets vs Wealth - What's the difference?
assets | wealth |
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.
(obsolete) Weal; welfare; prosperity; good; well-being; happiness; joy.
Riches; valuable material possessions.
A great amount; an abundance or plenty.
As nouns the difference between assets and wealth
is that assets is while wealth is (obsolete) weal; welfare; prosperity; good; well-being; happiness; joy.assets
English
Noun
(head)- His assets are much greater than his liabilities.
wealth
English
(wikipedia wealth)Alternative forms
* wealthe, welth, welthe (all obsolete)Noun
(-)- She brings a wealth of knowledge to the project.