Asset definition: An asset is a valuable item or quality owned by a person or company that can be converted into cash.
Definitions of Asset
- 1noun
An asset is a valuable item or quality owned by a person or company that can be converted into cash.
- 2noun
A person or thing that is useful or desirable, especially in a particular job or situation, is considered an asset.
Example Sentences
“Her experience in marketing is a great asset to the team.”
“The company's biggest asset is its loyal customer base.”
“Financial assets include stocks, bonds, and real estate.”
Topics & Categories
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Phrases & Idiomatic Expressions
Assets that cannot be readily converted into cash or accessed due to legal restrictions.
Assets that can be easily converted into cash without significant loss of value.
Long-term tangible assets, such as buildings and machinery, used in a business.
Frequently Asked Questions: Asset in English
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