Oct 15, 2025 · An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

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 economic value.

The meaning of ASSET is the property of a deceased person subject by law to the payment of the person's debts and legacies. How to use asset in a sentence.

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

Oct 8, 2025 · An asset is a resource used to hold or create economic value. You might have personal assets, like your house, a savings account, a life insurance policy, or a particular set of skills.

Sep 10, 2024 · An asset is anything that an individual or business owns that has monetary value and can be sold for cash. There are four main types of assets: liquid, illiquid, tangible, and intangible.

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

Assets are the resources you own that have value, including your home, car, and other personal property. Investments are also classified as assets, including stocks, bonds, and alternative …

An asset is anything that holds value or provides positive economic value. Most people have personal assets like cash, savings accounts, bonds, life insurance policies, jewelry, and collectibles.

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