Others have mentioned it is.

The reason why 'asserted' is used is that signals at this level are basically analog. The circuit that asserts a signal is, fairly literally, being assertive, and there are all sorts of commonly used options: Pull-ups and pull-downs, either one in either weak or strong (assertive) form.

Connecting a strong pull-down to a strong pull-up represents a short circuit, but having one circuit assert a logical 1 while the other circuit on the same pin holds a weak pull-down (presumably, in this case, 0), is a pretty common configuration.

The most important thing to keep in mind, working with electronics, is that all pins must be connected to at least a weak pull-up/down, which can be as simple as an MOhm-class resistor connected to ground.

If they aren't, then the gate is floating -- and a floating CMOS gate can easily reach states where the gate itself is short-circuiting, since they're made from a transistor pair connected to both ground and power. (As is necessary to support both pull-up and pull-down.) If that doesn't destroy the gate -- check your datasheet -- then, at a minimum, it'll still waste power.

The majority of common microcontrollers (e.g. Arduinos) will allow you to configure the gate with a internal weak pull-up/down, to let you avoid connecting every single pin, but you shouldn't assume that it's configured that way out of the reset vector. Nor that such an internal pull-up even exists.