- items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to liabilities).
- Accounting. the items detailed on a balance sheet, especially in relation to liabilities and capital.
- all property available for the payment of debts, especially of a bankrupt or insolvent firm or person.
- Law. property in the hands of an heir, executor, or administrator, that is sufficient to pay the debts or legacies of a deceased person.
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Origin of asset
OTHER WORDS FROM assetas·set·less, adjective
Words nearby asset
Example sentences from the Web for asset
A rising China can be a significant asset for the region and the world, and selfishly, for the United States.Trump’s most popular YouTube ad is a stew of manipulated video|Glenn Kessler, Meg Kelly|September 17, 2020|Washington Post
However, search bars are a valuable asset that can increase internal sessions and conversion.How to drive digital innovation necessary during the pandemic|Nick Chasinov|September 16, 2020|Search Engine Watch
It helps establish your company as an entity, which in itself is a great asset to your SEO.
At the same time, they have all but stopped lending money for the higher-end properties worth too much for the government to accept, suggesting that the banks are knowingly passing climate liabilities along to taxpayers as stranded assets.Climate Change Will Force a New American Migration|by Abrahm Lustgarten, photography by Meridith Kohut|September 15, 2020|ProPublica
The emphasis has shifted away from obsessing over consistency of tone and protecting brand assets.Deep Dive: How the Summer of 2020 forced brand marketing to change for the better|jim cooper|September 14, 2020|Digiday
First, his credentials: He did international mergers and acquisitions at Lazard, a financial and asset management firm.Sen. Warren’s Main Street Crusade to Pressure Clinton|Eleanor Clift|January 8, 2015|DAILY BEAST
To be sure, visa restrictions and asset freezes have been announced targeting Putin cronies.Obama’s Nuclear Summit Aimed to Stop Terrorists. Now Putin’s the Issue.|Christopher Dickey, Jamie Dettmer, Nadette De Visser|March 25, 2014|DAILY BEAST
McCain said he would not be impacted financially by being subject to a visa ban and asset freeze in the Russian Federation.
Even Russian business leaders could be targets for asset freezes and visa bans.
To a degree, then, the Bernanke years were ones in which asset inequality helped produce greater income inequality.
In the social republic, the child as a future citizen is an asset of the state, not the property of its parents.Euthenics, the science of controllable environment|Ellen H. Richards
I count Russia on neither side, but she is still a liability more than an asset to the Germans.G. H. Q.|Frank Fox
The miserly miller considered Ruth Fielding a liability; she proved herself in time to be an asset.Ruth Fielding Homeward Bound|Alice B. Emerson
British Coal Measures are an asset which enables the country to keep industries going, but it is a wasting asset.Rebuilding Britain|Alfred Hopkinson
The old doctor used to say my memory was an asset to the sanatorium.Where There's A Will|Mary Roberts Rinehart
British Dictionary definitions for asset
Word Origin for asset
Cultural definitions for asset
A possession that can be turned into cash to cover liabilities.