EnerNOC in turn pays users—which it calls “assets”—to curtail power usage during peak-demand events such as a heat wave.
Federal Reserve rules require that assets be constantly revalued to their fluctuating market value.
The Federal Reserve, for example, has $3.4 trillion in assets, at last count.
In theory, it is possible to move or protect these assets, but doing so will be neither quick nor cheap.
Our position is,” said Sorkin, “that he provided the government with all the information he had about all of his assets.
The assets were twenty-five cradles and an oil painting by an unknown master.
Let me see what my assets will bring when reduced to cash, for this time it shall be a sale.'
But this was no business of my own; and the will was proved, and assets called in; for the old rogue did not owe one penny.
The assets, of course, were to be paid pro rata to the depositors.
It used to be one of her assets, but there's a thin note in it now which betrays her age.
1530s, "sufficient estate," from Anglo-French asetz (singular), from Old French assez (11c.) "sufficiency, satisfaction; compensation," noun use of adverb meaning "enough, sufficiently; very much, a great deal," from Vulgar Latin *ad satis "to sufficiency," from Latin ad- "to" (see ad-) + satis "enough" (see sad).
Beginning as a legal term, "sufficient estate" (to satisfy debts and legacies), it passed into general use; meaning "any property that theoretically can be converted to ready money" is from 1580s. Asset is a 19c. artificial singular. Asset stripping attested from 1972.
A possession that can be turned into cash to cover liabilities.
Note: Commonly, the term denotes anything of value.