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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 with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a...
: 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. sometimes used euphemistically or humorously in the plural to refer to parts of a person's body (such as the breasts or buttocks) that are considered attractive.
ASSET definition: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more.
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.
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.
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). [1] The balance sheet of a firm records the monetary [2] value of the assets owned by that firm.
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. 2. plural noun. The assets of a company or a person are all the things that they own.
[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.
