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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 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 What are Assets in Accounting? 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 noun - Definition, pictures, pronunciation and usage notes . . . Definition of asset noun from the Oxford Advanced Learner's Dictionary a person or thing that is valuable or useful to somebody something In his job, patience is an invaluable asset Being able to speak a foreign language is a major asset I’m not sure if his forcefulness is an asset or a liability
Asset | Britannica Money An asset is a resource—whether physical or intangible—that has earning power or some economic value Assets owned by individuals are personal assets, whereas assets owned by companies—corporations or partnerships, for example—are business assets
What Are Assets? – Forbes Advisor What Is an Asset? An asset is a possession that can be exchanged for cash Your car is an asset, just like the money you hold in your checking account That furniture in your living
What Is an Asset? Definition, Examples More | Capital One Learn more about what assets and liabilities are, why they matter and how to calculate your net worth Key takeaways Assets are things you own that have value Assets can include things like property, cash, investments, jewelry, art and collectibles Liabilities are things that are owed, like debts