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cespite

asset

noun CHEH-spee-teh Rare
People & Society Money

Origin: From Latin caespes, 'turf, clod', later used metaphorically for a source of revenue.

Also means

source of income

Usage Note

Cespite is a formal legal and accounting word for a property or income-producing asset, especially in tax law (cespiti immobiliari = real-estate assets). In everyday speech Italians say bene or proprietà instead. Plural: cespiti.

Examples

"I cespiti aziendali devono essere dichiarati."

Natural Translation

The company assets must be declared.

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