Definition, Meaning & Synonyms
assets
noun
/ˈasɛts/
Definition
Assets are valuable resources owned by an individual or a business that can provide future economic benefits.
Examples
- Her investments in stocks and bonds are considered significant assets.
- The company’s assets increased after the successful launch of their new product.
- Real estate is often regarded as one of the safest types of assets.
Meaning
In a financial context, assets are anything of value or a resource that can be converted into cash or used to generate income.
Synonyms
- resources
- property
- holdings
- possessions
- capital
