asset
a
ˈæ
ā
sset
ˌsɛt
set
/ˈæsɛt/

Definition & Meaning of "asset"in English

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

asset definition and meaning
Examples
Real estate is considered a valuable asset due to its potential for long-term appreciation and rental income.
02

something valuable or useful that helps achieve success

Examples
Her creativity is a real asset to the team.
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