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  2. Asset Definition An asset is generally any useful thing or something that holds value. Most people have personal assets, like cash, savings accounts, bonds, life insurance policies, jewelry and collectibles. A person’s skills and abilities can also be an asset.
    www.theforage.com/blog/skills/asset
    assets - anything of material value or usefulness that is owned by a person or company possession - anything owned or possessed plural, plural form - the form of a word that is used to denote more than one
    www.thefreedictionary.com/assets
    An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet. They are bought or created to increase a firm's value or benefit the firm's operations.
    www.investopedia.com/terms/a/asset.asp
    An asset is something that an individual, business, corporation or country owns or controls. There’s an expectation that when assets are owned they’ll provide some type of future benefit. They get reported on the balance sheet of your company and are typically purchased to increase business value.
    www.freshbooks.com/glossary/accounting/asset
    Assets are everything you own that has any monetary value, plus any money you are owed. They include money in bank accounts, stocks, bonds, mutual funds, equity in real estate, the value of your life insurance policy, and any personal property that people would pay to own. When you figure your net worth, you subtract ...
    financial-dictionary.thefreedictionary.com/asset
     
  3. People also ask
    What are business assets?Business assets, on the other hand, are assets owned by businesses. While businesses can also own stocks, bonds, and real estate, their assets are typically larger in nature and used specifically for the business. This can include machinery, other equipment, land, buildings, factories, and vehicles.
    What does assets mean in a sentence?Assets definition: items or resources owned by a person, business, or government, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to liabilities). See examples of ASSETS used in a sentence.
    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 resources take many forms from cash to buildings and are recorded on the balance sheet until they are used.
    What is considered an asset?In the broadest sense of the word, the answer is: anything you own that has monetary value and can be exchanged for cash. Assets are owned by either individuals or companies. Whether it's a manufacturer with equipment that can be resold, or a person with a high-priced jewelry collection, if it's owned and has value, it's an asset.
     
  4. Dictionary

    as·set
    [ˈaˌset]
    noun
    assets (plural noun)
    1. a useful or valuable thing, person, or quality:
      "quick reflexes were his chief asset" · "the school is an asset to the community"
    Origin
    Middle English (in plural in the sense ‘sufficient estate to allow discharge of a will’): from an Anglo-Norman French legal term, from Old French asez ‘enough’, based on Latin ad ‘to’ + satis ‘enough’.
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