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    asset
    /ˈasɛt/

    noun

    More definitions, origin and scrabble points

  2. Jun 27, 2024 · An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a...

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. asset. noun. /ˈæset/. /ˈæset/. 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.

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