ENGLISH
REFERENCE

asset

n. countable
B2 Upper Intermediate Oxford US //ˈæˌsɛt// UK //ˈæsɛt// as·set General-service Slang

n. something valuable that a person or company owns. It can also be a useful quality or skill that helps you succeed.

n. a useful or valuable thing, person, or quality; in a financial context, an item of property owned by a person or company, regarded as having value and available to meet debts.


SIMPLE

Good communication skills are a great asset in any job.

CONTEXTUAL

The company decided to sell its physical assets, such as machinery and buildings, to raise cash for new investments.

COMPLEX

While the firm's tangible assets are significant, its reputation and intellectual property represent the most critical components of its long-term market valuation.

Synonyms
Antonyms
Origin

Etymology tree Proto-Indo-European *h₂éd Proto-Italic *ad Early Medieval Latin ad Proto-Indo-European *seh₂-der. Early Medieval Latin satis Early Medieval Latin ad satis Old French asez Anglo-Norman asetzder. English assetsbf. English asset Back-formation from assets, from Anglo-Norman asetz, from Old French assez (“enough”). Compare Middle English asseth.

Usage

Commonly used in the plural when referring to property or finances; used in the singular when referring to a personal quality.

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