different between assets vs backed

English

Pronunciation

• IPA^(key): /?æsets/

Noun

assets

1. plural of asset

Noun

assets pl (normally plural, singular asset)

1. (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.

2. (accounting) The left side of a balance sheet.

   The assets must equal liabilities, otherwise there is an error in your balance sheet.

3. (law) 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.
4. Any goods or property properly available for the payment of a bankrupt's or a deceased person's obligations or debts.
5. (slang, vulgar, usually in the plural) Private parts; a woman's breasts or buttocks, or a man's genitalia.

Translations

Anagrams

• TESSAs, stases, tasses

Danish

Noun

assets n

1. definite genitive singular of as

Swedish

Noun

assets

1. definite genitive singular of ass

English

Pronunciation

• IPA^(key): /bækt/

Etymology 1

From back (verb)

Verb

backed

1. simple past tense and past participle of back

Etymology 2

From back (noun) +? -ed.

Adjective

backed (not comparable)

1. (obsolete, slang) Put on one's back; killed; rendered dead.

   He wishes to have the senior, or old square-toes, backed; he longs to have his father on six men's shoulders; that is, carried to the grave.

2. (in combination) Having specified type of back.

   a high-backed chair

   sway-backed

   red-backed shrike

3. (in combination) Having specified type of backing.

   asset-backed securities

Hyponyms

Derived terms

• lesser black-backed gull
• razor-backed

References

• [Francis] Grose [et al.] (1811) , “Backed”, in Lexicon Balatronicum. A Dictionary of Buckish Slang, University Wit, and Pickpocket Eloquence. […], London: Printed for C. Chappell, […], OCLC 23927885.