- 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.
QUIZ YOURSELF ON "WAS" VS. "WERE"!
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
What had been the greatest asset of the paperback revolution,” observes Rabinowitz, “became its greatest danger.
Its biggest asset, of course, is the steely Atwell, who never asks you to feel sorry for Carter despite all the sexism around her.
Perhaps one of the most egregious examples is the abuse of civil asset forfeiture laws.
At the same time she became an accomplished social and political asset to her boss.Murdoch on the Rocks: How a Lone Reporter Revealed the Mogul's Tabloid Terror Machine|Clive Irving|August 25, 2014|DAILY BEAST
In such incompetent hands the malt business soon fell to be a liability rather than an asset.The Eve of the Revolution|Carl Becker
In an army thoroughly disorganised a good draughtsman with an eye for country was no despicable asset.Napoleon's Marshals|R. P. Dunn-Pattison
But that he did not count an asset, because he had not himself taken account of this new capital.You Never Know Your Luck, Complete|Gilbert Parker
The whole thing wasn't any bigger an asset than a job as a section hand on the U P.
Getting out the Standing Room Only sign is always an asset for future entertainments.
British Dictionary definitions for asset
Word Origin for asset
Cultural definitions for asset
A possession that can be turned into cash to cover liabilities.