Definition, Meaning & Synonyms
valuable-asset
noun
/ˈvæl.jʊ.bəl ˈæs.ɛt/
Definition
A valuable asset is an item or resource that holds significant worth or importance, particularly in a financial context.
Examples
- A house is often considered a valuable asset for a family.
- Investing in education is a valuable asset for future career opportunities.
- Companies often list intellectual property as a valuable asset on their balance sheets.
Meaning
The term refers to anything that can provide a positive economic impact or contribute to the overall wealth or value of an individual or organization.
Synonyms
- important resource
- prized possession
- asset of worth