Asset meaning

ăsĕt
assets
See word origin
Frequency:
A useful or valuable quality, person, or thing; an advantage or resource.

Proved herself an asset to the company.

noun
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A valuable item that is owned.
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The definition of an asset is a person or thing that has value.

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

A house is an example of an asset.

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A spy working in his or her own country and controlled by the enemy.
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Anything owned that has exchange value.
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A valuable or desirable thing to have.

Charm is your chief asset.

noun
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(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.
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Cash, accounts receivables, property, or equipment that has value and is listed on a company’s balance sheet. An asset may be bought or sold and its price can range from hundreds of dollars to millions of dollars.
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Any property or right that is owned by a person or entity and has monetary value. See also liability.
noun
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All of the property of a person or entity or its total value; entries on a balance sheet listing such property.
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For income tax purposes, most property of the taxpayer except for a few certain business assets (for example, inventory and stock in trade) and other property excluded by the Internal Revenue Code.
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An asset that is not a physical thing and only evidenced by a written document. For example, a debt that is owed to a taxpayer is an intangible asset.
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An asset that is a physical thing, such as land, buildings, and goods.
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Something or someone of any value; any portion of one's property or effects so considered.

These shares are a valuable asset.

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(software) Any component, model, process or framework of value that can be leveraged or reused.
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(espionage) Intelligence asset.
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Initialism of Association of Supervisory Staffs, Executives and Technicians.
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Origin of asset

  • Back-formation from English assets sufficient goods to settle a testator's debts and legacies from Anglo-Norman asetz from asez enough from Vulgar Latin ad satis to sufficiency Latin ad to ad– Latin satis enough sā- in Indo-European roots

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Anglo-Norman asetz, from Old French assez "enough".

    From Wiktionary

Asset Sentence Examples

  • You're a vital asset and the director knows it.

  • I told him I had no idea how you accomplished what you did but you were a crystal ball of an asset to us.

  • The Old Testament was an immense religious asset to the early church.

  • These four great deposits of mineral wealth are still richly productive, and constitute the greatest industrial asset which the colony possesses.

  • These constitute the main asset of the government.

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Words near asset in the Dictionary