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What is an Asset? - Finance Strategists What Is an Asset? An asset is a resource owned by an individual or organization which provides economic value This includes cash, equipment, property, rights, or anything that helps a company generate revenue or reduce expenses
Asset - Wikipedia In economics, an asset (economics) is any form in which wealth can be held There is a growing analytical interest in assets and asset forms in other social sciences too, especially in terms of how a variety of things (e g , personality, personal data, ecosystems, etc ) can be turned into an asset [9]
ASSET Definition Meaning - Merriam-Webster The meaning of ASSET is the property of a deceased person subject by law to the payment of his or her debts and legacies How to use asset in a sentence
What are Assets? - Definition | Types and Classes | Examples Explained Definition: An asset is a resource that has some economic value to a company and can be used in a current or future period to generate revenues These resources take many forms from cash to buildings and are recorded on the balance sheet until they are used
Asset - definition of asset by The Free Dictionary 1 a useful and desirable thing or quality: Organizational ability is an asset 2 a single item of ownership having exchange value a the total resources of a person or business, as cash, notes and accounts receivable, securities, goodwill, or real estate (opposed to liabilities)
What Is an Asset? Definition, Types, and Examples An asset is something valuable that a person or business owns, which can be used to generate income or provide future benefits An asset is key in measuring financial health and stability
Asset | Definition, Types, Examples, Classifications What Is an Asset? An asset can be used to generate value for a business or individual The word asset is derived from the Latin ad satis, which means "to sufficiency " It is important to note that not all assets are liquid, meaning they cannot immediately be converted into cash