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Assets and liabilities

I read the following comment on a travel site:

Petra’s greatest asset – and also its worst asset – is its world-famous entrance.

If you have ever watched the movie Indiana Jones and the Last Crusade, you will remember the spectacular approach to the mysterious city carved in stone where Indy finds the Holy Grail.

The Siq, entrance to Petra

The entrance to the ancient city of Petra in Jordan is the Siq, a narrow sandstone gorge nearly a mile long.

Not a movie set, the location shown in the movie and referred to in the quotation above is Petra, an ancient site in Jordan. The approach to the city is by way of a narrow sandstone gorge called the Siq.

The word asset, like the word liability has a specific legal meaning related to financial obligations. For example, a company is liable or responsible for all debts incurred as part of doing business. The debts are liabilities. Assets are things a company or an individual owns outright. If your car is paid for, it’s an asset. If you owe money on it, the remaining debt is a liability.

Both words have figurative meanings. An asset is an advantage. A liability is a disadvantage.

Because in the figurative sense assets are good things, to talk about Petra’s “worst asset” is to talk nonsense.

Better use of English to say:
Petra’s greatest asset – and its worst liability – is its world-famous entrance.

 

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Synonyms for the humble stick

A politician’s recent use of cudgel for where the context called for baton got me thinking about other synonyms that exist for stick: A short piece of wood, esp. a piece cut and shaped for a special purpose.

One way to differentiate one kind of stick from another is to [...] Continue Reading…

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There’s a word for “bad famous”

I read this in an editorial by a newspaper editor:
Before electronic archiving, roughly the mid-1990s, there was the morgue. Blessed be our morgue, because in it, dug up by our chief librarian Rosie Dixon, were news stories of the end of the career of the football coach in these [...] Continue Reading…

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Too many ats

“Over the next few days, we’re going to look realistically at where we are at,” Gingrich said.

It’s enough to say “we’re going to look realistically at where we are.”

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“He” is Not a Possessive Adjective

Not many weeks ago, I published a piece about a change made in a journalist’s story by a grammar-challenged copy editor.

Tonight on our local CBS affiliate, one of the news anchors committed the same pronoun fault in a promo for the Five O’clock News. He was urging viewers to [...] Continue Reading…

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