English · Work & Business
asset
/ˈæs.et/
[/ˈæs.et/]
valuable thing owned
Intermediatenoun
Definition
Something valuable that a person or company owns, such as money, property, or equipment.
Example
The company's most valuable asset is its skilled and loyal team of engineers.
The company's most valuable asset is its skilled and loyal team of engineers.
Etymology
From Anglo-Norman 'asetz' (enough), from Latin 'ad satis' (to sufficiency).
How & Where It’s Used
Used in finance and also figuratively for a useful quality or person.