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asset

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The definition of an asset is a person or thing that has value.

(noun)

An honest and great car mechanic is an example of an asset.
A house is an example of an asset.

See asset in Webster's New World College Dictionary

noun

anything owned that has exchange value
a valuable or desirable thing to have: charm is your chief asset
Accounting all the entries on a balance sheet showing the entire resources of a person or business, tangible and intangible, including accounts and notes receivable, cash, inventory, equipment, real estate, goodwill, etc.
Law
1. property, as of a business, a bankrupt, etc.
2. the property of a deceased person available to his or her estate for the payment of debts and legacies

Origin: earlier assets < Anglo-Fr assetz (in legal phrase aver assetz, to have enough) < OFr assez, enough < VL *ad satis, sufficient < L ad, to + satis, enough: see sad

See asset in American Heritage Dictionary 4

noun

A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company.
A valuable item that is owned.
A spy working in his or her own country and controlled by the enemy.
assets
a. Accounting The entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill.
b. The entire property owned by a person, especially a bankrupt, that can be used to settle debts.

Origin:

Origin: Back-formation from English assets, sufficient goods to settle a testator's debts and legacies

Origin: , from Anglo-Norman asetz

Origin: , from asez, enough

Origin: , from Vulgar Latin *ad satis, to sufficiency

Origin: : Latin ad, to; see ad-

Origin: + Latin satis, enough; see sā- in Indo-European roots

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