Definition, Meaning & Synonyms

valuable-asset

noun
/ˈvæl.jʊ.bəl ˈæs.et/
Definition
A valuable asset is a resource that holds significant worth or importance, contributing positively to an individual or organization’s overall value.
Examples
  • A company’s talented workforce is considered a valuable asset.
  • Investing in advanced technology can be a valuable asset for boosting productivity.
  • Real estate is often viewed as a valuable asset in one’s portfolio.
Meaning
It refers to something that is beneficial or has great importance in a financial or personal context, often leading to positive returns or advantages.
Synonyms
  • important resource
  • beneficial resource
  • worthwhile element