the.com/assets
Everything you own that an accountant can love and a creditor can crave.
means Resources or property with economic value, owned by a person or business, expected to provide future benefit.
from From Anglo-French asetz, meaning enough — originally what was sufficient to settle a dead person's debts.
Grammar trapAsset is a back-formation; assets came first.
Two flavorsTangible like buildings, intangible like patents and goodwill.
Balance ruleAssets always equal liabilities plus owner equity.