asset
a
ˈæ
ā
sset
ˌsɛt
set
British pronunciation
/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

Wiki
asset definition and meaning
example
Examples
Real estate is considered a valuable asset due to its potential for long-term appreciation and rental income.
Human capital, such as knowledge, skills, and expertise, is an important asset for organizations seeking competitive advantage.
02

something valuable or useful that helps achieve success

example
Examples
Her creativity is a real asset to the team.
Fluency in Mandarin is a huge asset in this job.
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