Oct 15, 2025 · An asset is something of value that you own or that's owed to you. The loan would be an asset if you lent money to someone because they're obligated to repay you that amount.

The meaning of ASSET is the property of a deceased person subject by law to the payment of the person's debts and legacies. How to use asset in a sentence.

Feb 27, 2023 · Assets are things you own that have value. Assets can include things like property, cash, investments, jewelry, art and collectibles. Liabilities are things that are owed, like debts. …

Mar 3, 2025 · When a person owns an asset, it’s a personal asset, and when an organization owns one, it’s a business or company asset. These types of assets have several distinctions in …

In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive …

He'll be a great asset to the team. Knowledge of languages is a real asset in this sort of work. His eyes are his best asset (= most attractive feature).

Asset definition: a useful and desirable thing or quality.. See examples of ASSET used in a sentence.

Currently, if payrolls don't keep up with cost of living it will be continue to become more and more difficult to accumulate wealth and assest which generate additional income and relative …

May 29, 2025 · Learn about what an asset is and how it is reflected in the financial statements. Know the types, examples, and classifications.

Dec 15, 2024 · For something to be considered as an asset, it must hold value or have potential for future benefits. This can include physical possessions like a house, a property, equipment, …