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 …

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.

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

Jun 30, 2011 · Asset definition: a useful and desirable thing or quality.. See examples of ASSET used in a sentence.

Jan 10, 2023 · Assets are economic resources that have exchange value, meaning you can buy, sell or trade them for other goods or services. An asset can be tangible or intangible and can …

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 …

Aug 30, 2024 · Personal assets are anything belonging to an individual or household that can provide current or future financial value. They include everything from real estate to cash to …

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 …

What are assets in accounting? We answer that question in this guide. Learn the definition, types, and examples of assets, plus how to record and track them accurately.