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- Dictionaryasset/ˈasɛt/
noun
- 1. a useful or valuable thing or person: "quick reflexes were his chief assets" Similar Opposite
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Jun 27, 2024 · Simply put, an asset is something of value that you own or that is owed to you. If you lend money to someone, that loan is also an asset because you are due that amount.
a useful or valuable quality, skill, or person: He'll be a great asset to the team. Knowledge of languages is a real asset in this sort of work. His eyes are his best asset (= most attractive feature). Fewer examples. As a footballer his great asset was his calm, phlegmatic manner.
a useful or valuable quality, skill, or person: He'll be a great asset to the team. Knowledge of languages is a real asset in this sort of work. His eyes are his best asset (= most attractive feature). Fewer examples. As a footballer his great asset was his calm, phlegmatic manner.
asset. noun. as· set ˈa-ˌset. also -sət. plural assets. Synonyms of asset. 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.
Definition of 'asset' Word Frequency. asset. (æset ) Word forms: plural assets. 1. countable noun. Something or someone that is an asset is considered useful or helps a person or organization to be successful. He considered that the greatest asset of a bank was its reputation for probity. [ + of] His Republican credentials made him an asset.
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.
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
[usually plural] a thing of value, especially property, that a person or company owns, which can be used or sold to pay debts. the net asset value of the company. Her assets include shares in the company and a house in France. asset sales/management. income from fixed asset investments. financial/capital assets. to freeze a country’s assets.
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.
ASSET definition: 1. a person, skill, or quality that is useful or helps you to succeed: 2. something that a person…. Learn more.
