Asset

usgb/ˈæset/
noun

Something valuable that a person or company owns which can be used to pay its debts.

Your house is probably your most valuable asset.
Visual representation of "asset" - Something valuable that a person or company owns which can be used to pay its debts.

Often appears as...

  • financial assets
  • valuable assets
Definition 1 of 5
Visual representation of "asset"
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Tangible Value

Assets are often physical items but can also include virtual goods or debts.

Illustration for Tangible Value
The factory machines are tangible assets.
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Not Always Positive

While assets add value, managing them poorly can become a liability.

Illustration for Not Always Positive
He invested poorly, turning his assets into burdens.
Visual representation of the word "Asset"

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