asset

[ˈæset]

asset Definition

a useful or valuable thing, person, or quality.

Using asset: Examples

Take a moment to familiarize yourself with how "asset" can be used in various situations through the following examples!

• Example

  Her intelligence is her greatest asset.

• Example

  The company's assets include property and equipment.

• Example

  Good communication skills are an asset in any job.

• Example

  He is a valuable asset to the team.

asset Synonyms and Antonyms

Synonyms for asset

• benefit
• advantage
• resource
• valuables

Antonyms for asset

• liability
• disadvantage

Phrases with asset

• liquid asset

  an asset that can be easily converted into cash without significant loss of value

  Example

  Savings accounts and stocks are examples of liquid assets.

• fixed asset

  an asset with long-term value that is not expected to be consumed or converted into cash within a year

  Example

  Land, buildings, and machinery are examples of fixed assets.

• intangible asset

  an asset that has no physical substance but is still valuable, such as intellectual property or brand recognition

  Example

  Trademarks and patents are examples of intangible assets.

Origins of asset

from Old French 'assez', meaning 'enough'

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Summary: asset in Brief

'Asset' [ˈæset] refers to a useful or valuable thing, person, or quality. It can describe tangible things like property and equipment, or intangible qualities like intelligence or communication skills. Phrases like 'liquid asset' and 'fixed asset' describe different types of assets, while idioms using 'asset' are less common. 'Asset' is often used in formal contexts to describe resources or property, but can also be used informally to describe a perk or advantage.