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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 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 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
Asset Definition Meaning | Britannica Dictionary Good looks can be an asset [= advantage] in an acting career The state's natural assets include mountains and beautiful lakes Good looks can be an asset to an actor The company had to sell some of its assets to avoid bankruptcy
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 - 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 Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset) [1]
What is Asset? Definition of Asset, Asset Meaning - The Economic Times An asset is a resource with a monetary value that a person, business, or country owns or manages with the hope that it will bring benefits in the future Assets are listed on a company's balance sheet and are bought or built to make the company more valuable or to help it run better