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, plus(noun)

    a useful or valuable quality

Wiktionary

  1. asset(Noun)

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

    These shares are a valuable asset.

    Etymology: From asetz, from assez "enough".

  2. asset(Noun)

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

    Etymology: From asetz, from assez "enough".

  3. asset(Noun)

    intelligence asset

    Etymology: From asetz, from assez "enough".

Webster Dictionary

  1. Asset(noun)

    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?

  1. Alex
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say asset in sign language?

  1. asset

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. Bruce McCain:

    Not only is there the concern that they will, in fact, do damage to the economy, but also one more step in removing the easy money that clearly has been a benefit for rising asset prices over the last few years.

  2. Dejan Ilijevski:

    Hedging seeks out asset classes that tend to positively correlate with inflation.

  3. Christopher Merrett:

    In rural places without existing grocery stores, having Dollar General might be viewed as an asset.

  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. Brad Todd:

    Gail Gitcho is the single best communications professional working in Republican politics today, bar none, her insight and guidance will be a great asset to our team.

Images & Illustrations of asset

  1. assetassetassetassetasset

Popularity rank by frequency of use

asset#1#3954#10000

Translations for asset

From our Multilingual Translation Dictionary

Get even more translations for asset »

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