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.

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 economic value.

ASSET definition: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more.

6 days ago · Learn what an asset is, how it differs from income and debt, and why assets matter for long term net worth decisions.

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

Sep 10, 2024 · Discover the definition of assets, their types, and examples. Learn why assets are important for personal and business finance.

Oct 8, 2025 · An asset has positive economic value, whereas a liability has negative economic value. Examples of liabilities include debt, accounts payable, and unearned revenue.

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

Definition of asset noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.