English Lexicon

State Assets

/steɪt ˈæsɛts/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    Resources or properties owned by a government or state.

    "The government decided to sell some of its state assets to reduce the national debt."
  2. 2

    Financial resources that are under the control of a state authority.

    "The management of state assets is crucial for maintaining public services."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'state assets' derives from the combination of 'state', originating from the Latin 'status', meaning condition or position, and 'assets', from the Latin 'assētum', meaning to sit or have. The phrase has evolved in modern economics to refer to resources owned by a government.

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