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1. Dictionary

   asset

   /ˈasɛt/

   noun

   • 1. a useful or valuable thing or person: "quick reflexes were his chief assets" Similar benefitadvantageblessinggood pointstrong pointstrengthfortetalentgiftstrong suitlong suitvirtuerecommendationattractionattractive featureselling pointresourcebeautyboonvaluemeritbonusaidhelpsaving graceredeeming featurecompensating featureinformal:plusproOpposite liabilityhandicap
   • ▪ an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies: "growth in net assets" Similar propertyresourcesestateholdingspossessionseffectsgoodsvaluablesbelongingschattelsworldly goodsworldly possessionscapitalfundswealthprincipalmoneyrichesmeansdeep pocketsfortunefinancereservessavingssecuritiesOpposite liability

   Word Origin mid 16th century (in the plural in the sense ‘sufficient estate to allow discharge of a will’): from an Anglo-Norman French legal term, from Old French asez ‘enough’, based on Latin ad ‘to’ + satis ‘enough’.

   Scrabble Points: 5

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2. www.businessinsider.com › what-are-assetsWhat Are Assets? Definition, Examples, Valuation - Insider

   www.businessinsider.com › what-are-assets

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   6 days ago · An asset is anything that an individual or business owns that has monetary value and can be sold for cash. There are four main types of assets: liquid, illiquid, tangible,...

3. www.keynotesupport.com › accounting › accountingAssets, Liabilities, Equity, Revenue, and Expenses

   www.keynotesupport.com › accounting › accounting

   Assets can be defined as objects or entities, both tangible and intangible, that the company owns that have economic value to the business. Tangible assets are physical entities that the business owns such as land, buildings, vehicles, equipment, and inventory.

4. en.wikipedia.org › wiki › Asset_managementAsset management - Wikipedia

   en.wikipedia.org › wiki › Asset_management

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   2 days ago · Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). [1]

5. learn.g2.com › asset-managementWhat Is Asset Management? Why Do Businesses Need It? - G2

   learn.g2.com › asset-management

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   Jul 19, 2024 · Asset management is the process of planning, managing, and controlling the asset lifecycle. Learn how it reduces cost and boosts efficiency for businesses.

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6. ca.indeed.com › equity-vs-assetsEquity vs. Assets (What They Are and How They Are Different)

   ca.indeed.com › equity-vs-assets

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   Jul 1, 2024 · Career Development. Equity vs. Assets (What They Are and How They Are Different) Indeed Editorial Team. Updated July 1, 2024. Equity and assets can both provide value to a company and help it operate efficiently, increasing the likelihood it generates a profit.

7. www.wallstreetmojo.com › net-assetsNet Assets (Definition, Examples) | What is Net Assets?

   www.wallstreetmojo.com › net-assets

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   Jul 9, 2024 · What are Net Assets? The net asset on the balance sheet is defined as the amount your total assets exceed your total liabilities and is calculated by simply adding what you own (assets) and subtracting it from whatever you owe (liabilities). It is commonly known as net worth (NW).

8. www.investopedia.com › terms › cCapitalization: What It Means in Accounting and Finance

   www.investopedia.com › terms › c

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   May 30, 2024 · Capitalization is an accounting method in which a cost is included in the value of an asset and expensed over the useful life of that asset.