Definition, Meaning & Synonyms
asset
noun
/ˈasɛt/
Definition
A valuable item owned by a person or entity that can be used to generate wealth.
Examples
- The company’s assets include buildings, equipment, and cash reserves.
- Investing in real estate can be a great way to build your asset portfolio.
Meaning
Assets can include physical objects like property and equipment, as well as intangible items like patents or stocks.
Synonyms
- property
- resource
- benefit
- capital
- holdings
