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TeachMeFinance.com - explain Assets Assets The term 'Assets ' as it applies to the area of Medicare in the United States can be defined as ' Treasury notes and bonds guaranteed by the federal government, and cash held by the trust funds for investment purposes'. Previous 5 Terms: Assembly Assembly identifier Assembly type Assessment Assessment work Next 5 Terms: Assigned Claim Assignment Assimilative capacity Assistance for heating in winter Assisted Living About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.