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.

Apr 4, 2025 · An asset is a resource, tangible or intangible, that holds some monetary value that can be exploited by its owner. The asset may produce income, such as rental fees, or may …

ASSET definition: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more.

May 10, 2024 · 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 …

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 …

Asset definition: a useful and desirable thing or quality.. See examples of ASSET used in a sentence.

An asset is something you have that is positive. It can mean a piece of property, a piece of equipment, an ability, or even a quality.

Dec 15, 2024 · 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 …

Feb 28, 2023 · 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 …

An asset is any resource owned or controlled by an individual or business with economic value and expected to provide future benefits. The value of an asset lies in its ability to be converted …