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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 · An asset is a resource that is expected to provide a future benefit to its owner. In the case of businesses, assets are reported on the company's balance sheet. An...
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.
ASSET definition: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more.
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.
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.
[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.
An asset is something you have that is positive. It can mean a piece of property, a piece of equipment, an ability, or even a quality.
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.
a person, skill, or quality that is useful or helps you to succeed: He'll be a great asset to the team. asset noun [C] (MONEY) something that a person or company owns that has a value: [ usually plural ] The company has $70 billion in assets. (Definition of asset from the Cambridge Learner's Dictionary © Cambridge University Press)
