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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 Define asset asset synonyms, asset pronunciation, asset translation, English dictionary definition of asset n 1 A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company 2 A valuable item that is owned
What Is an Asset? Definition, Types, and Examples Assets are the cornerstone of financial growth and stability, offering value, utility, and future benefits They reflect an individual’s or organization’s wealth and support decision-making