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- DictionaryAs·set/ˈaˌset/
noun
- 1. a useful or valuable thing, person, or quality: "quick reflexes were his chief asset"
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.
Jun 27, 2024 · What Is an Asset? An asset is a resource with economic value that an individual, a company, or a country owns or controls with the expectation that it will provide a future benefit.
ASSET meaning: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more.
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.
ASSET definition: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more.
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. 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.
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 ]
Definition of asset noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Apr 27, 2021 · What Are Assets? 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.
