a useful and desirable thing or quality:
Organizational ability is an asset.
a single item of ownership having exchange value.
items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to ).
Accounting. the items detailed on a balance sheet, especially in relation to liabilities and capital.
all property available for the payment of debts, especially of a bankrupt or insolvent firm or person.
Law. property in the hands of an heir, executor, or administrator, that is sufficient to pay the debts or legacies of a deceased person.
Border Patrol agents say that best way to watch the line is by air, but even that asset is wanting here.
U.S. Drug and Immigration Checkpoints Take Toll on Border Towns Andrew Becker, G. W. Schulz June 17, 2013
The collapse in asset values since 2007 has busted the net worth of the median family all the way back down to early 1990s levels.
Two Decades of Prosperity: Gone David Frum June 10, 2012
With Lehman, the asset quality was much worse and the hole much bigger.
The Man Who Saw the Crisis Coming William D. Cohan November 16, 2008
The debt load is so vast that every asset of the club—including its training ground—has been mortgaged.
Manchester United: The Glazer Family’s Bad Play Michael Moritz August 5, 2012
To date, this identity is still a political liability, and in no case has it proven an asset to any elected or appointed official.
Arab Americans Need Political Normalization Hussein Ibish November 11, 2012
A reporter who could thus cater to the public greed for horrors was an asset to the Cincinnati press.
Lafcadio Hearn Nina H. Kennard
They all of them have to admit that I’m honest—that’s an asset that nobody can dispute.
Mixed Faces Roy Norton
You would wish me to convince you that he is liability rather than an asset.
The Debatable Land Arthur Colton
What however went first of all or rather vanished was nothing in the nature of an asset.
Chance Joseph Conrad
The one by the well-known author has a valuable asset in its creator; the one by the new author has no asset but its own merits.
Skookum Chuck Fables Skookum Chuck (pseud for R.D. Cumming)
anything valuable or useful: experience is their main asset See also assets
A possession that can be turned into cash to cover liabilities.
Note: Commonly, the term denotes anything of value.
Asset Source for Software Engineering Technology
- Asset allocation
noun a financial strategy for reducing risk in an investment portfolio in order to maximize return Examples Asset allocation means dividing investment funds among markets to achieve diversification and/or a combination of expected return and risk consistent with the investor’s objectives. Word Origin 1950
- Asset management
asset management business The process whereby a large organisation collects and maintains a comprehensive list of the items it owns such as hardware and software. This data is used in connection with the financial aspects of ownership such as calculating the total cost of ownership, depreciation, licensing, maintenance, and insurance. (1997-03-30) Contemporary Examples He is […]
- Asset value
noun the value of a share in a company calculated by dividing the difference between the total of its assets and its liabilities by the number of ordinary shares issued Historical Examples The asset value of a library is dependent upon a variety of conditions. Papers and Proceedings of the Thirty-fourth Annual Meeting of the […]
adjective of securities, having collateral being the return on a series of lending arrangements, such as mortgages or credit agreements
- Asset-backed fund
noun a fund in which the money is invested in property, shares, etc, rather than being deposited with a bank or building society