Apr 4, 2025 · What Is an Asset? 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 …

Apr 25, 2023 · 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 …

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.

Something or someone that is an asset is considered useful or helps a person or organization to be successful.

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.

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 …

1. a useful and desirable thing or quality: Organizational ability is an asset. 2. a single item of ownership having exchange value. a. the total resources of a person or business, as cash, …

a useful and desirable thing or quality. Organizational ability is an asset. a single item of ownership having exchange value. Our summer home is an asset we're not willing to sell.

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 …