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


  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


  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
    US English

How to say asset in sign language?

  1. asset


  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. Med Jones:

    The leadership team is the most important asset of the company and can be its worst liability

  2. Yusuf Alireza:

    It seems that Moody's credit committee were not able to differentiate between an environment that is clearly challenging for upstream players and one that opens up opportunities for an asset light trader like ourselves.

  3. Mikhail Shamolin:

    We want to get a very good multiple because the asset is in a very good shape, it's still growing, it's taking market share from competitors, we have plans to essentially double the number of Detsky Mir stores.

  4. Roberto Egydio Setubal:

    In the corporate segment, asset quality is more linked to things that go beyond the pure act of lending, which are linked to government policies or certain industry aspects over which we have no control.

  5. Paul Irving:

    The incident on April 15 reminds us all of the greatest asset of the Capitol -- openness and accessibility -- can at times be its greatest liability, discussing classified but extremely sensitive national security capabilities in an open forum could be exploited by potential adversaries.

Images & Illustrations of asset

  1. assetassetassetassetasset

Popularity rank by frequency of use


Translations for asset

From our Multilingual Translation Dictionary

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