asset meaning
EN[ˈæsɛt]WAsset
- In financial accounting, an asset is an economic resource. 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.
- 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.
- 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.
EN ASSET
- NounPLassets
- More Examples
- Used in the Middle of Sentence
- The plan involves banks hiving off bad assets and investors buying them at a discount on hopes of turning a profit over time.
- The topup could be achieved by moving assets from a previous flagging state to the flagging state which requires a topup.
- Used in the Middle of Sentence
Definition of asset in English Dictionary
- Part-of-Speech Hierarchy
- Nouns
- Countable nouns
- Countable nouns
- Nouns
- en assets
- fr assette
- fr assettes
- en asset-backed
Source: Wiktionary