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Asset - Wikipedia 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 economic value
ASSET Definition Meaning - Merriam-Webster 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
What Is an Asset? Definition and Types | The Motley Fool An asset is a resource used to hold or create economic value You might have personal assets, like your house, a savings account, a life insurance policy, or a particular set of skills
Assets Definition: Types, Examples, and Importance An asset is anything that an individual or business owns that has monetary value and can be sold for cash There are four main types of assets: liquid, illiquid, tangible, and intangible
What are Assets? Types, Formulas, Examples, Valuation Ratios It is an asset you can’t see or touch, which gets its value from the privileges it gives (licenses), its intellectual value (copyright), etc Examples: Patents, royalties, goodwill, trademarks, or copyrights