English Lexicon

Asset

/ˈæs.ɛt/
nounCEFR B2 (Upper)Top #800 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A useful or valuable person, thing, or quality.

    "Her ability to speak multiple languages is a major asset to the company."
  2. 2

    Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

    "The corporation reported billions of dollars in total assets."

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Linguistic Origin & Historical Etymology

The word 'asset' originates from the Old French term 'asset', which means 'to be sufficient' or 'to be enough'. It entered the English language in the late 14th century, evolving to refer specifically to valuable items or resources owned by an individual or entity.

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