equitable assets
plural noun
: assets that are charged with or have become a fund for the payment of debts only by operation of equity
specifically
: assets charged with the payment of debts by a debtor that would be exempted by law (as real estate of a decedent)
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“Equitable assets.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/equitable%20assets. Accessed 22 Nov. 2024.
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