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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 …

Apr 25, 2023 · An asset is a resource owned by an individual or organization which provides economic value. This includes cash, equipment, property, rights, or anything that helps a …

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 …

specifically: any asset classified as a capital asset by law (as section 1221 of the Internal Revenue Code) — current asset : a short-term asset (as inventory, an account receivable, or a note) …

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

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.

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 …

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 …

Something or someone that is an asset is considered useful or helps a person or organization to be successful. He considered that the greatest asset of a bank was its reputation for probity. [ …

Define asset. asset synonyms, asset pronunciation, asset translation, English dictionary definition of asset. n. 1. A useful or valuable quality, person, or thing; an advantage or resource: proved …