Assets

/ˈæsɛts/

Meaning & Definition

noun

Any resource owned by an individual or entity that holds economic value.

The company’s assets include real estate, machinery, and cash.

A valuable quality or characteristic that can be beneficial to an individual or organization.

Her communication skills are great assets in her role as a team leader.

Financial resources or possessions that can be used to meet obligations and generate income.

Investors are often interested in the total assets of a company when deciding to buy shares.

Items of value owned, often listed in financial statements.

The balance sheet showed that the firm's total assets had increased over the past year.

Tangible and intangible things that an individual or organization possesses.

Intellectual property can be considered one of the most valuable assets for technology companies.

From Middle English 'asset', from Anglo-French 'asset', 'to be enough', from Latin 'ad satis'.

liquid assets:

Assets that can be easily converted into cash.

fixed assets:

Long-term tangible pieces of property or equipment.

assets at risk:

Assets that are vulnerable to loss or damage.

Curvy body parts, particularly referring to a person's physical attractiveness.

She knows her assets and isn't afraid to show them off.

A person or thing that is beneficial or helpful.

He's an asset to the team with his skills.