Search results
- Dictionaryasset/ˈasɛt/
noun
- 1. a useful or valuable thing or person: "quick reflexes were his chief assets" Similar Opposite
Powered by Oxford Dictionaries
Jun 27, 2024 · What Is an Asset? An asset is a resource with economic value that an individual, a company, or a country owns or controls with the expectation that it will provide a future benefit.
Apr 25, 2023 · What Is an Asset? An asset is a resource owned by an individual or organization which provides economic value. This includes cash, equipment, property, rights, or anything that helps a company generate revenue or reduce expenses.
1. assets plural. : the property of a deceased person subject by law to the payment of his or her debts and legacies. b. : the entire property of a person, association, corporation, or estate applicable or subject to the payment of debts. 2. : advantage, resource. His wit is his chief asset.
something having value, such as a possession or property, that is owned by a person, business, or organization. An asset is also any positive feature that gives you an advantage: Her knowledge of Spanish and French is a real asset in her work.
noun. a useful and desirable thing or quality: Organizational ability is an asset. a single item of ownership having exchange value: Our summer home is an asset we're not willing to sell.
Assets definition: items or resources owned by a person, business, or government, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to liabilities). See examples of ASSETS used in a sentence.
Definition: An asset is a resource that has some economic value to a company and can be used in a current or future period to generate revenues. These resources take many forms from cash to buildings and are recorded on the balance sheet until they are used.
Apr 27, 2021 · What Are Assets? The easiest way to define an asset is that it’s an economic resource that can be owned by an individual, company, or country. Assets are expected to provide future economic benefits like: Increased value for a company or country. Increased net worth for an individual.
asset. a person or thing that is valuable or useful to somebody/something. In his job, patience is an invaluable asset. Being able to speak a foreign language is a major asset. I’m not sure if his forcefulness is an asset or a liability. asset to somebody/something She'll be an asset to the team.
/ˈæsɛt/ a person or thing that is valuable or useful to someone or something In his job, patience is an invaluable asset. Being able to speak a foreign language is a major asset. I'm not sure if his forcefulness is an asset or a liability. asset to somebody/something She'll be an asset to the team. Want to learn more?
