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