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1 definition found
 for Real assets
From The Collaborative International Dictionary of English v.0.48 :

  Real \Re"al\ (r[=e]"al), a. [LL. realis, fr. L. res, rei, a
     thing: cf. F. r['e]el. Cf. Rebus.]
     1. Actually being or existing; not fictitious or imaginary;
        as, a description of real life.
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              Whereat I waked, and found
              Before mine eyes all real, as the dream
              Had lively shadowed.                  --Milton.
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     2. True; genuine; not artificial, counterfeit, or factitious;
        often opposed to ostensible; as, the real reason; real
        Madeira wine; real ginger.
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              Whose perfection far excelled
              Hers in all real dignity.             --Milton.
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     3. Relating to things, not to persons. [Obs.]
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              Many are perfect in men's humors that are not
              greatly capable of the real part of business.
                                                    --Bacon.
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     4. (Alg.) Having an assignable arithmetical or numerical
        value or meaning; not imaginary.
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     5. (Law) Pertaining to things fixed, permanent, or immovable,
        as to lands and tenements; as, real property, in
        distinction from personal or movable property.
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     Chattels real (Law), such chattels as are annexed to, or
        savor of, the realty, as terms for years of land. See
        Chattel.
  
     Real action (Law), an action for the recovery of real
        property.
  
     Real assets (Law), lands or real estate in the hands of the
        heir, chargeable with the debts of the ancestor.
  
     Real composition (Eccl. Law), an agreement made between the
        owner of lands and the parson or vicar, with consent of
        the ordinary, that such lands shall be discharged from
        payment of tithes, in consequence of other land or
        recompense given to the parson in lieu and satisfaction
        thereof. --Blackstone.
  
     Real estate or Real property, lands, tenements, and
        hereditaments; freehold interests in landed property;
        property in houses and land. --Kent. --Burrill.
  
     Real presence (R. C. Ch.), the actual presence of the body
        and blood of Christ in the eucharist, or the conversion of
        the substance of the bread and wine into the real body and
        blood of Christ; transubstantiation. In other churches
        there is a belief in a form of real presence, not however
        in the sense of transubstantiation.
  
     Real servitude, called also Predial servitude (Civil
        Law), a burden imposed upon one estate in favor of another
        estate of another proprietor. --Erskine. --Bouvier.
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     Syn: Actual; true; genuine; authentic.
  
     Usage: Real, Actual. Real represents a thing to be a
            substantive existence; as, a real, not imaginary,
            occurrence. Actual refers to it as acted or performed;
            and, hence, when we wish to prove a thing real, we
            often say, "It actually exists," "It has actually been
            done." Thus its reality is shown by its actuality.
            Actual, from this reference to being acted, has
            recently received a new signification, namely,
            present; as, the actual posture of affairs; since what
            is now in action, or going on, has, of course, a
            present existence. An actual fact; a real sentiment.
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                  For he that but conceives a crime in thought,
                  Contracts the danger of an actual fault.
                                                    --Dryden.
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                  Our simple ideas are all real; all agree to the
                  reality of things.                --Locke.
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