Definitions for Asset
ˈæs ɛtas·set

Princeton's WordNetRate this definition:5.0 / 1 vote

1. asset, plusnoun

   a useful or valuable quality

WiktionaryRate this definition:4.7 / 6 votes

1. assetnoun

   Something or someone of any value; any portion of one's property or effects so considered.

   These shares are a valuable asset.

2. assetnoun

   Any component, model, process or framework of value that can be leveraged or reused.

3. assetnoun

   intelligence asset

4. Etymology: From asetz, from assez "enough".

WikipediaRate this definition:0.0 / 0 votes

1. Asset

   In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include cash, inventory, accounts receivable, while fixed assets include land, buildings and equipment. Intangible assets are non-physical resources and rights that have a value to the firm because they give the firm an advantage in the marketplace. Intangible assets include goodwill, copyrights, trademarks, patents, computer programs, and financial assets, including financial investments, bonds, and stocks.

ChatGPTRate this definition:0.0 / 0 votes

1. asset

   An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefits. Assets can be tangible or intangible and are used to increase the value of the entity that owns them, or to provide a benefit to it. They are usually bought or created to directly generate income or appreciate over time. Examples of assets include cash, real estate, equipment, investments, and intellectual property.

Webster DictionaryRate this definition:1.0 / 1 vote

1. Assetnoun

   any article or separable part of one's assets

WikidataRate this definition:5.0 / 1 vote

1. Asset

   In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash. The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment. Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the market place. Examples of intangible assets are goodwill, copyrights, trademarks, patents and computer programs, and financial assets, including such items as accounts receivable, bonds and stocks.

Editors ContributionRate this definition:0.0 / 0 votes

1. asset

   A resource with a known value.

   Assets are an important part of a business finances.

   
   

   Submitted by MaryC on March 4, 2020  

British National Corpus

1. Spoken Corpus Frequency

   Rank popularity for the word 'Asset' in Spoken Corpus Frequency: #4378

2. Nouns Frequency

   Rank popularity for the word 'Asset' in Nouns Frequency: #738

Anagrams for Asset »

1. sates

2. seats

3. setas

4. tasse

5. Tessa

6. TESSA

How to pronounce Asset?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Asset in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Asset in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of Asset in Pythagorean Numerology is: 1

Examples of Asset in a Sentence

1. Sam Doctor:

   One of the reasons to own cryptocurrencies is because they are an effective hedge, until something happens to disprove that thesis, you aren't looking to sell them so long as other asset classes are falling.

2. Atif Latif:

   Credit risk concerns, lack of credible asset quality, balance sheet issues and a lack of reserves... all this makes for gloomy reading for those with EU bank exposure.

3. Arkady Volozh:

   Our growth rate is falling as scale increases ... What next? We see we've got an asset we could apply elsewhere and we are trying various business models.

4. Shepherd Schools Superintendent Claire Bunker:

   Sheriff Main is a great person and an asset to Isabella County, he is human and he made a mistake. He takes full responsibility for the incident. I’m extremely proud of the student who brought it to the attention of a staff member.

5. Brenda Kelly:

   Dividend cuts, asset selling and a new debt reduction plan appear to be doing the trick.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Asset
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Asset
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Asset
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/Asset
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Asset