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Assets vs Libs - What's the difference?

assets | libs |

As nouns the difference between assets and libs

is that assets is while libs is .

As a verb libs is

(lib).

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.

    • libs

    English

    Verb

    (head)
  • (lib)

    • Noun

    (head)

    • lib

    English

    Etymology 1

    Abbreviation for various words beginning in lib- .

    Abbreviation

    (Abbreviation) (head)
  • liberal
  • liberation
    • women's lib
  • library
    • External links
    * ("lib" on Wikipedia)

    Etymology 2

    From (etyl) libbe, from (etyl) .

    Noun

    (en noun)
  • A potion; magic potion; charm.

    • Etymology 3

    From (etyl) libben, related to (etyl) . More at (l).

    Verb

    (libb)
  • To geld; castrate; emasculate (usually said of animals).
    • Related terms
    * glib * (l) * (l)

    Anagrams

    * bil ----