That means that if you fail to pay on the loan, the property is taken by the lender to satisfy your debts.

这意味着如果你不能偿付贷款,这项资产会归债权人所有以清偿你的债务

耶鲁公开课 - 金融市场课程节选

The net worth of the company is their assets minus their liabilities and that represents the value that the company has if they paid off all their liabilities.

公司净资产为,资产减去负债,也表示,公司清偿债务后的价值

耶鲁公开课 - 金融市场课程节选