Breadcrumb Home > Dictionary > Index N net assets: Meaning and Definition of Find definitions for: net' as'sets Pronunciation: [key] the total assets of a business minus its total liabilities. Also called Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. net netball ✖ Related Content Daily Word Quiz: nabob Analogy of the Day: Today’s Analogy Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language