asset (/ˈæs.et/)
noun · Intermediate · Work & Business
🔊 /ˈæs.et/
Meaning
Meaning: valuable thing owned
Something valuable that a person or company owns, such as money, property, or equipment.
Examples
🗣 The company’s most valuable asset is its skilled and loyal team of engineers.
Etymology
From Anglo-Norman ‘asetz’ (enough), from Latin ‘ad satis’ (to sufficiency).
How & Where It’s Used
Used in finance and also figuratively for a useful quality or person.
Tags: finance, value