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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
asset
asset
  • Part-of-Speech Hierarchy
    1. Nouns
      • Countable nouns
    Related Links:
    1. en assets
    2. fr assette
    3. fr assettes
    4. en asset-backed
    Source: Wiktionary

    Meaning of asset for the defined word.

    Grammatically, this word "asset" is a noun, more specifically, a countable noun.
    Difficultness: Level 4
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    Easy     ➨     Difficult
    Definiteness: Level 6
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    Definite    ➨     Versatile