Definition of asset in English:
- These people have proven themselves to be a valuable asset to growers in this district.
- He has got excellent control, good vision and he will be an asset to this club.
- His experience in church leadership, web and media would be a great asset to any church.
- However, net wealth is the value of our total assets less our financial liabilities.
- But this would have happened based on the value of the assets in the balance sheet.
- There are no profits and no dividend, and the assets are valued at just 60p per share.
mid 16th century (in the plural in the sense 'sufficient estate to allow discharge of a will'): from an Anglo-Norman French legal term, from Old French asez 'enough', based on Latin ad 'to' + satis 'enough'.
An asset is literally something of which you have enough. It was originally a term used in connection with paying out money from a will, and comes from the old form of the French assez ‘enough’.
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