What does asset mean?

Definitions for asset
ˈæs ɛtas·set

Here are all the possible meanings and translations of the word asset.

Princeton's WordNet

  1. asset, plusnoun

    a useful or valuable quality

Wiktionary

  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".

Webster Dictionary

  1. Assetnoun

    any article or separable part of one's assets

Freebase

  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 Contribution

  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. seats

  2. sates

  3. setas

  4. Tessa, TESSA

  5. tasse

How to pronounce asset?

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. Stephen Trauber:

    If Exxon doesn’t want to buy a quality asset in this price environment, then we should be short Exxon, they either believe in oil or they don’t.

  2. Benoit Coeure:

    We have been clear at the BIS that we don’t see bitcoin as having passed the test of being a means of payments. Bitcoin is a speculative asset and should be regulated at such.

  3. Kenneth Tveter:

    You can try and pick winners in the shipping segment of the equity markets, but to get a pure play you need the derivatives market, the new fund will look at all the parts of refining that will be affected by the new regulations. In another sign of the impact of IMO 2020, China said on July 4 that it planned to launch a futures contract for low-sulphur fuel oil by the end of the year. Dutch asset manager Robeco is also focussing on fuel, but it's investing in oil refineries that are well-placed to produce large quantities of low-sulphur diesel.

  4. Steve Kalmin:

    At some stage, the fundamentals, supported by the quality and strength of your business and asset base will reassert themselves, however, at this stage we need to plan for an environment in which commodity prices could remain flat or even go materially lower for a sustained period of time.

  5. Dougal Macdonald:

    In a low rate environment, target returns across virtually all asset classes have come down. It is simply a resetting of returns for the right assets.

Popularity rank by frequency of use

asset#1#3954#10000

Translations for asset

From our Multilingual Translation Dictionary

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