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Asset
01
a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits
02
(usually plural) a property or an item of value that a company owns and can sell to pay its debts
Example
The court-appointed trustee sequestered the company's assets during the bankruptcy proceedings.
The defendant had to give up his assets as part of the court settlement.
The accountant will write the assets down in the financial records.
The manager will write down the asset values in the financial report.
Many investors keep a portion of their portfolio in easily disposable assets like cash or highly liquid securities.
