Definition, Meaning & Synonyms
gross-assets
noun
/ɡroʊs ˈæsɛts/
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Definition
The total assets of a company before any deductions or liabilities are applied.
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Examples
- The company’s gross assets increased significantly this year due to new investments.
- When evaluating a firm’s financial health, it’s important to look at the gross assets as a measure of total ownership.
- Investors often examine gross assets to assess the potential value of a company before making decisions.
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Meaning
Gross assets represent the entire value of everything a company owns, including cash, inventory, property, and equipment, without considering debts or liabilities.
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Synonyms
- total assets
- entire assets
- whole assets