Skip to main content

The Assets

The Assets are items of value owned by an individual or entity, which can be tangible (like cash, property, or equipment) or intangible (like patents, trademarks, or reputation). They can be further categorized as current (expected to be converted to cash within one year) or fixed/non-current (used for longer-term purposes). Assets are a fundamental part of financial statements, representing resources that can generate future economic benefits.
The Assets by BackpackBryce2011 November 1, 2025
Urban Dictionary Merch
Your favorite words on things you can wear, drink from, read, or give to a friend.
The Urban Dictionary Store sells gifts you’ll have to explain.

liquidate the assets 

When you've been backed up for several days and you have to resort to some sort of magnesium or saline laxative, or enema, to take care of business.
Oh man, I've been backed up for several days now, I think it's time to liquidate the assets!
liquidate the assets by Mr. Quackens February 26, 2017

Ditch the Ass, Sieze the Assets 

A womens plan when divorcing a man. Usually a man who had it coming.
You: Hows your husband?

Friend: Oh that jackass? I'm divorcing him.

You: Yea ditch the ass, sieze the assets.

Baddest of the asses 

When just a 'badass' isn't enough. Applicable for anything or anyone
Bill: Yo! I've been to this pub close by. It's so badass.
Phil: Yeah, I've been there too. It's baddest of the asses bro!!

Assess the situation 

To take care of business, to do what you gotta do. -Noah Rouse
That guy is talking to bae! Aight bruh, I'm bouta assess the situation.
Assess the situation by Noah Rouse January 27, 2016
More from Urban Dictionary

fauxstalgia 

Faux nostalgia. Faking old things in an attempt to recapture the feeling of times gone past, especially of technology that has passed.
Hipstamatic pictures, just like the vinyl-static added to digital recordings, is prime fauxstalgia
fauxstalgia by scotte61 December 16, 2010
Word of the Day on October 15, 2026

pajama casual 

Pajama casual is a term used when working from home and preparing for a video conference. All business above the waist and your pajama pants down below.
We have a Zoom meeting in a few minutes and I’ll probably go pajama casual.
pajama casual by jrod-knows March 31, 2020
Word of the Day on October 14, 2026

funflation 

The recent boom in consumer spending on entertainment and experiences with a high demand running up the cost of enjoying of those experiences.
I’m trying to go to this Taylor Swift concert but the funflation has made it so impossible for me to afford tickets.
funflation by Dfree523 November 17, 2023
Word of the Day on October 13, 2026
A US deep south term for an alligator. Usually used in the Cajun dialect.
Take the big pirogue, I saw a huge swamp dog out there earlier.
swamp dog by Crystal Ambrose May 22, 2006
Word of the Day on October 12, 2026

Throat Sweats 

The feeling and build up in your mouth/throat of saliva that sometimes accompanies nausea.
Oh man those burritos gave me the throat sweats, I hope I don’t have food poisoning.
Throat Sweats by TacoFings420 April 23, 2024
Word of the Day on October 11, 2026
Being ignored by someone when making a statement or asking a question. Also known as blanked and turfed.
Person 1: Did u watch ** last nite?
Person 2:......
Person 3: O no u got aired!
aired by Pietro February 9, 2005
Word of the Day on October 10, 2026
Load more