Definition of asset in English:

asset

Syllabification: as·set
Pronunciation: /ˈaset
 
/

noun

1A useful or valuable thing, person, or quality: quick reflexes were his chief asset the school is an asset to the community
More example sentences
  • 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.
Synonyms
benefit, advantage, blessing, good point, strong point, selling point, strength, forte, virtue, recommendation, attraction, resource, boon, merit, bonus, plus, pro
1.1 (usually assets) Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies: growth in net assets [as modifier]: debiting the asset account
More example sentences
  • 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.
Synonyms
1.2 (assets) Military equipment, such as planes, ships, communications and radar installations, employed or targeted in military operations.

Origin

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'.

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