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asset

American  
[as-et] / ˈæs ɛt /

noun

  1. a useful and desirable thing or quality.

    Organizational ability is an asset.

  2. a single item of ownership having exchange value.

    Our summer home is an asset we're not willing to sell.

  3. Digital Technology. one of the media components that, taken together, comprise all of the elements of a video game, such as the environments, objects, character art and animation, and sound design.

    All of the game assets are downloaded to your hard drive during the install, so slow load times are local and indicate a problem with your drive.

  4. (in intelligence and information gathering) a person followed or spied upon to obtain information, who may be consenting, forced, or unaware of being used.

    They threatened to release a catalog of virtually every CIA asset within the Soviet Union.

  5. Military. a physical resource, such as a piece of equipment, vehicle, or building.

  6. assets. see assets.


asset British  
/ ˈæsɛt /

noun

  1. anything valuable or useful See also assets

    experience is their main asset

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

asset Cultural  
  1. A possession that can be turned into cash to cover liabilities.


Discover More

Commonly, the term denotes anything of value.

Other Word Forms

Derived Forms

Etymology

Origin of asset

First recorded in 1525–35; back formation from assets, in phrase have assets, literally, “have enough (to pay obligations),” from Anglo-French, Old French asez “enough,” from unattested Vulgar Latin ad satis “to sufficiency”; see also assai 1

Explanation

An asset is something you have that is positive. It can mean a piece of property, a piece of equipment, an ability, or even a quality. "Her facility with math is an asset when it comes to figuring out the restaurant tab. She is an asset to the group." A person's overall financial picture is determined by lining up everything they own in the asset column, and everything they owe in the liability (or debit) column.

Keep Reading on Vocabulary.com

Vocabulary lists containing asset

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

“There’s a different set of people who I think are maybe thinking that ownership of this asset will be the only thing that matters in the future, and therefore they’re holding on to more.”

From The Wall Street Journal • Jun. 14, 2026

While not blessed with speed, the Villa captain has proved to be an immense outball for Scotland which, coupled with his workrate, has made him such an asset.

From BBC • Jun. 13, 2026

“If you have trading volumes and asset prices continue to decline, or even stay at these levels, more and more companies tend to get under pressure,” said Eric Risley, founder of Architect Partners.

From The Wall Street Journal • Jun. 12, 2026

Maybe it should use interest-rate and balance-sheet policy to lean against debt-fueled asset price appreciation, regardless of where that debt originates.

From Barron's • Jun. 12, 2026

I was a child of the mainstream, and this was an asset.

From "Becoming" by Michelle Obama

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