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Origin and history of assets

assets(n.)

1530s, "sufficient estate," from Anglo-French assetz, asetz (singular), from Old French assez "sufficiency, satisfaction; compensation" (11c.), noun use of adverb meaning "enough, sufficiently; very much, a great deal," from Vulgar Latin *ad satis "to sufficiency," from Latin ad "to" (see ad-) + satis "enough" (from PIE root *sa- "to satisfy").

At first a legal word meaning "sufficient estate" (to satisfy debts and legacies), it passed into a general sense of "property," especially "any property that theoretically can be converted to ready money" by 1580s. The figurative use from 1670s. Asset is a 19c. artificial singular. Corporate asset stripping is attested from 1972.

Entries linking to assets

a 19c. artificial singular of assets (q.v.).

word-forming element expressing direction toward or in addition to, from Latin ad "to, toward" in space or time; "with regard to, in relation to," as a prefix, sometimes merely emphatic, from PIE root *ad- "to, near, at."

Simplified to a- before sc-, sp- and st-; modified to ac- before many consonants and then re-spelled af-, ag-, al-, etc., in conformity with the following consonant (as in affection, aggression). Also compare ap- (1).

In Old French, reduced to a- in all cases (an evolution already underway in Merovingian Latin), but French refashioned its written forms on the Latin model in 14c., and English did likewise 15c. in words it had picked up from Old French. In many cases pronunciation followed the shift.

Over-correction at the end of the Middle Ages in French and then English "restored" the -d- or a doubled consonant to some words that never had it (accursed, afford). The process went further in England than in France (where the vernacular sometimes resisted the pedantic), resulting in English adjourn, advance, address, advertisement (Modern French ajourner, avancer, adresser, avertissement). In modern word-formation sometimes ad- and ab- are regarded as opposites, but this was not in classical Latin.

*sā-, Proto-Indo-European root meaning "to satisfy."

It might form all or part of: assets; hadron; sad; sate; satiate; satiety; satisfy; satire; saturate; saturation.

It might also be the source of: Sanskrit a-sinvan "insatiable;" Greek hadros "thick, bulky;" Latin satis "enough, sufficient;" Old Church Slavonic sytu, Lithuanian sotus "satiated;" Old Irish saith "satiety," sathach "sated;" Old English sæd "sated, full, having had one's fill, weary of."

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