asset
1 of 1noun/ˈæsɛt/
Forms:assets
1
a valuable resource or quality owned by an individual, organization, or entity, typically with economic value and the potential to provide future benefits
B2Learn more on Wikipedia- Real estate is considered a valuable asset due to its potential for long-term appreciation and rental income.
- Human capital, such as knowledge, skills, and expertise, is an important asset for organizations seeking competitive advantage.
- Stocks and bonds are financial assets that can generate income and capital gains for investors.
- Intellectual property, including patents and trademarks, represents valuable intangible assets for businesses.
- Goodwill, reflecting a company's reputation and customer loyalty, is considered an asset on its balance sheet.
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2
something valuable or useful that helps achieve success
- Her creativity is a real asset to the team.
- Fluency in Mandarin is a huge asset in this job.
- Quick thinking is an asset in emergency situations.
- Maps are essential assets for hikers.
- His calmness under pressure proved an asset.