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1. Dictionary

   As·set

   /ˈaˌset/

   

   noun

   • 1. a useful or valuable thing, person, or quality: "quick reflexes were his chief asset" Similar benefitadvantageblessinggood pointstrong pointstrengthfortetalentgiftstrong suitlong suitvirtuerecommendationattractionattractive featureselling pointresourcebeautyboonvaluemeritbonusaidhelpsaving graceredeeming featurecompensating featureinformal:plusproOpposite liabilityhandicap
   • ▪ 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
   • ▪ military equipment, such as planes, ships, communications and radar installations, employed or targeted in military operations.

   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. People also ask

   What is asset means?

   • An asset is something that provides a current, future, or potential economic benefit for an individual or other entity. An asset is, therefore, something that is owned by you or something that is owed to you. Therefore, a $10 bill, a desktop computer, a chair, or a car are all assets.

   Asset Definition - Investopedia

   www.investopedia.com/terms/a/asset.asp

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   What items are considered assets?

   • Assets are items of economic value, which are expended over time to yield a benefit for the owner. If the owner is a business, these assets are usually recorded in the accounting records and appear in the balance sheet of the business. Typical categories in which these assets may be found include cash, marketable securities, accounts receivable, prepaid expenses, inventory, fixed assets, intangible assets, goodwill, and other assets.

   Assets - Definition, Examples, and Processes

   www.wallstreetmojo.com/assets-in-accounting/

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   How do you start an asset?

   • Start where you’ve got some urgent needs or some problems and do some inventory or some condition assessment or maybe some work history and gather that up. Do a little study on that, and that will get you going. It will help you get the systems and processes in place to start your asset management.

   How to Build Assets? What is the Process of Asset Creation ...

   www.profitableventure.com/starting-an-asset-management-firm/

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3. investinganswers.com › dictionary › aAsset | Examples & Definition | InvestingAnswers

   investinganswers.com › dictionary › a

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   Apr 27, 2021 · The easiest way to define an asset is that it’s an economic resource that can be owned by an individual, company, or country. Assets are expected to provide future economic benefits like: Increased value for a company or country. Increased net worth for an individual.

   • Author: Bethany Mccamish

4. www.oxfordlearnersdictionaries.com › assetasset noun - Definition, pictures, pronunciation and usage ...

   www.oxfordlearnersdictionaries.com › asset

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   Definition of asset noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

5. www.myaccountingcourse.com › assetsWhat are Assets? - Definition | Types and Classes | Examples ...

   www.myaccountingcourse.com › assets

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   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.

6. dictionary.cambridge.org › learner-english › assetASSET | definition in the Cambridge Learner’s Dictionary

   dictionary.cambridge.org › learner-english › asset

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   ASSET meaning: 1. a person, skill, or quality that is useful or helps you to succeed: 2. something that a person…. Learn more.

7. www.dictionary.com › browse › assetASSET Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › asset

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   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.

8. Videos

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     Assets and Liabilities Defined, Explained and Compared in One Minute

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     Asset Definition - What are Assets?

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     Types of Assets: Financial, Tangible, and Intangible

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9. premium-oxforddictionaries-com.libproxy.ucl.ac.ukasset - definition of asset in English from the Oxford dictionary

   premium-oxforddictionaries-com.libproxy.ucl.ac.uk

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   Definition of asset in English: asset. Pronunciation: /ˈasɛt/ noun. 1 a useful or valuable thing or person: quick reflexes were his chief assets the school is an asset to the community. More example sentences Synonyms.

10. www.fool.com › terms › aWhat Is an Asset? | The Motley Fool

    www.fool.com › terms › a

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    Dec 8, 2023 · An asset is a resource used to hold or create economic value. You might have personal assets, like your house, a savings account, a life insurance policy, or a particular set of...