Tung Quoc  +  293722 Thu, 16 Nov 06 03:24 AM Hi, Are assets and property interchangeable? If not, what is the difference in meaning between them? Q Tung Quoc Joined on Sun, Sep 17 2006 Regular Member 870

	CalifJim  +  293779 Thu, 16 Nov 06 06:43 AM Assets are things owned, basically.  Property (in the sense of real estate, i.e., land) is only one kind of asset.  Cash and buildings and material goods are also assets, but they are not property in the sense of  land. CJ CalifJim Joined on Mon, Aug 2 2004 California Veteran Member 22,128 "There are no facts, only interpretations" - Nietzsche

	Goodman  +  293780 Thu, 16 Nov 06 06:47 AM  Tung Quoc wrote: Hi, Are assets and property interchangeable? If not, what is the difference in meaning between them? Q Quoc, 1)       Property – in real estate terms, refers to one or more of the following: building, house, shopping mall,  a company, and hotel etc. 2)      In common terms, “property” refers to the items or belongings one owns; as in personal property which includes but not limited to car, TV, boat, wardrobe, furniture, appliances etc.. 3)      Asset refers to anything one owns that can be assessed and turned into cash such as stock, bonds, jewelry, partnership, and include items stated in # 1 and # 2. They are not the same thing and therefore not interchangeable. Goodman Joined on Mon, Nov 7 2005 Senior Member 3,816 The name says it all!

	Marius Hancu  +  293823 Thu, 16 Nov 06 09:26 AM  Tung Quoc wrote: Property: Things owned. Is that right? If yes, property = assets? Yes, especially in business, but there are meanings outside of business. Look at the dictionaries, as I've told you. http://www.m-w.com/dictionary/property Marius Hancu