Something or someone that is an asset is considered useful or helps a person or organization to be successful.
He considered that the greatest asset of a bank was its reputation for probity. [+ of]
His Republican credentials made him an asset.
2. plural noun
The assets of a company or a person are all the things that they own.
[business]
By the end of 1989 the group had assets of 3.5 billion francs. [+ of]
More Synonyms of asset
asset in British English
(ˈæsɛt)
noun
anything valuable or useful
experience is their main asset
Word origin
C19: back formation from assets
asset in American English
(ˈæsɛt)
noun
1.
anything owned that has exchange value
2.
a valuable or desirable thing to have
charm is your chief asset
3. [pl.]; Accounting
all the entries on a balance sheet showing the entire resources of a person or business, tangible and intangible, including accounts and notes receivable, cash, inventory, equipment, real estate, goodwill, etc.
4. [pl.]; Law
a.
property, as of a business, a bankrupt, etc.
b.
the property of a deceased person available to his or her estate for the payment of debts and legacies
Word origin
earlier assets < Anglo-Fr assetz (in legal phrase aver assetz, to have enough) < OFr assez, enough < VL *ad satis, sufficient < L ad, to + satis, enough: see sad
COBUILD Collocations
asset
acquire assets
assets are worth
buy assets
financial assets
freeze assets
gross assets
hold assets
main asset
non-core assets
overseas assets
own assets
precious asset
priceless asset
property assets
risky assets
safe assets
seize assets
sell assets
sell off assets
valuable asset
Examples of 'asset' in a sentence
asset
Dozens of asset managers are under scrutiny by the financial watchdog for failing to meet standards.
Times, Sunday Times (2016)
The managers buy into assets put up for sale by companies because they need to raise funds quickly.
Times, Sunday Times (2017)
Old Mutual has launched a share offering in its asset management business.
Times, Sunday Times (2016)
This is one of the most important assets the company has and the indications were that it might have to find another partner or go it alone.
Times, Sunday Times (2016)
Also keep in mind that QE is not the main reason why asset prices have increased.
Times, Sunday Times (2016)
Assets benefiting from the exemption must be available to the public to enjoy on terms agreed with HMRC.
Times, Sunday Times (2016)
Looking at individuals' net assets doesn't really tell you much of moral or economic significance.
Times, Sunday Times (2017)
One asset management boss once told me he was'the most overpaid nanny in the world '.
Times, Sunday Times (2016)
At the halfway stage, net assets were up by 25 per cent.
Times, Sunday Times (2016)
The stockholders have in effect purchased a call option on the assets of the firm.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
The expertise of the systems selling team can become a major asset to the producer.
Tom Cannon Basic Marketing. Principles and Practice (1986)
The wider point is that an end to asset purchases will be good news.
Times, Sunday Times (2013)
Those with assets also benefit from a lucrative industry devoted to shielding them from tax.
Times, Sunday Times (2016)
That is why asset management groups are interested in being here.
Times, Sunday Times (2008)
The wealth or value of assets of the organization at a point in time.
Harrison, John Finance for the Non-Financial Manager (1989)
We value the pair on the net assets.
Times, Sunday Times (2013)
One of the main assets of the film is the punchy dialogue.
Times, Sunday Times (2015)
The key is to invest in a variety of asset classes.
Times, Sunday Times (2012)
Saints have said they are not prepared to consider selling either of their two major assets.
The Sun (2014)
These options mean that businesses benefit from the asset without a significant outflow of cash.
Times, Sunday Times (2015)
All of this increases the assets of the organization.
Christianity Today (2000)
Investors would rather see the company sell assets than raise the cash it needs through a rights issue.
Times, Sunday Times (2015)
Banks have until the end of the year to move their property holdings into asset management firms for sale.
Times, Sunday Times (2012)
Anyone who fails to declare their assets before the end of the year may be liable for the new penalty.
Times, Sunday Times (2012)
The company has four main assets.
Times, Sunday Times (2011)
Moving from investment banking to asset management Who or what is your mentor?
Times, Sunday Times (2016)
He has 29 years of experience in asset management.
Times, Sunday Times (2015)
The specialist bank and asset manager is sponsor of the Ashes.
The Sun (2013)
In a mature company, the loans are normally given against the security of company assets.
Harrison, John Finance for the Non-Financial Manager (1989)
It will use nearly half the proceeds to expand its asset management unit and increase its European presence.
Times, Sunday Times (2006)
Some City sources say that a sale of group assets is just as likely as an outright takeover.
Times, Sunday Times (2006)
The infrastructure funds are pure income stocks, though some are at uncomfortably high premiums to net assets.
Times, Sunday Times (2014)
The fund manager had assets of 2.8 billion as at the end of April.
Times, Sunday Times (2009)
In other languages
asset
British English: asset /ˈæsɛt/ NOUN
If something that you have is an asset, it is useful to you.
He is a great asset to the company.
American English: asset
Arabic: أَصُول property
Brazilian Portuguese: posse
Chinese: 资产
Croatian: imovina
Czech: přednost
Danish: aktiv værdi
Dutch: bezit
European Spanish: activo
Finnish: etu
French: atout
German: Vermögenswert
Greek: περιουσιακό στοιχείο
Italian: risorsa
Japanese: 強み
Korean: 자산
Norwegian: eiendel
Polish: rzecz wartościowa
European Portuguese: ativo
Romanian: valoare
Russian: ценное качество
Latin American Spanish: activo propiedad de una empresa
Swedish: tillgång
Thai: สินทรัพย์
Turkish: varlık
Ukrainian: цінність
Vietnamese: tài sản
All related terms of 'asset'
asset value
the value of a share in a company calculated by dividing the difference between the total of its assets and its liabilities by the number of ordinary shares issued
fixed asset
Fixed assets are assets which a company uses on a continuous basis , such as property and machinery .
main asset
Something or someone that is an asset is considered useful or helps a person or organization to be successful .
asset account
An asset account is an account that records the assets owned by a company .
capital asset
See fixed asset
wasting asset
an unreplaceable business asset of limited life, such as a coal mine or an oil well
asset-stripping
If a person or company is involved in asset-stripping , they buy companies cheaply, sell off their assets to make a profit , and then close the companies down.
precious asset
Something or someone that is an asset is considered useful or helps a person or organization to be successful .
priceless asset
Something or someone that is an asset is considered useful or helps a person or organization to be successful .
valuable asset
Something or someone that is an asset is considered useful or helps a person or organization to be successful .
asset management
the way in which the acquisition , use and disposal of the assets of an individual or a company are managed in order to maximize any profit they generate
chargeable asset
any asset that can give rise to assessment for capital gains tax on its disposal . Exempt assets include principal private residences , cars, investments held in a personal equity plan, and government securities
asset-backed fund
a fund in which the money is invested in property, shares , etc, rather than being deposited with a bank or building society
net asset value
the total value of the assets of an organization less its liabilities and capital charges
asset turnover ratio
An asset turnover ratio is a measure of the efficiency of a company, that is calculated by dividing sales for a period by average total assets.
NAV
net asset value
Chinese translation of 'asset'
asset
(ˈæsɛt)
n(c)
(= useful quality, person etc) 宝(寶)贵(貴)财(財)富 (bǎoguì cáifù) (笔, bǐ)
to be an asset to sb/sth为(為)某人/某物的难(難)得之材 (wéi mǒurén/mǒuwù de nándé zhī cái)