marital asset

Definition of "marital asset"
  1. Any property or resource obtained by either partner or both partners while they are married
How to use "marital asset" in a sentence
  1. The family home, purchased during their marriage, is considered a marital asset.
  2. Their shared savings account is a marital asset, as they opened it after they got married.
  3. Since the car was bought after their marriage, it falls under the category of marital asset.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z