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.