The meaning of ASSET is the property of a deceased person subject by law to the payment of the person's debts and legacies. How to use asset in a sentence.

Oct 15, 2025 · An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

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 …

ASSET definition: a useful and desirable thing or quality. See examples of asset used in a sentence.

He'll be a great asset to the team. Knowledge of languages is a real asset in this sort of work. His eyes are his best asset (= most attractive feature).

Dec 31, 2025 · Learn what an asset is, how assets work in accounting, and the main types with clear examples to help you understand financial health.

Oct 8, 2025 · An asset is a resource used to hold or create economic value by generating revenue or reducing expenses.

Definition of asset noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

as•set (ˈæs ɛt) n. 1. a useful and desirable thing or quality: Organizational ability is an asset. 2. a single item of ownership having exchange value.

Feb 27, 2023 · Assets are things you own that have value. Assets can include things like property, cash, investments, jewelry, art and collectibles. Liabilities are things that are owed, like debts. …