Apr 4, 2025 · An asset is a resource, tangible or intangible, that holds some monetary value that can be exploited by its owner. The asset may produce income, such as rental fees, or may …

In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive …

The meaning of ASSET is the property of a deceased person subject by law to the payment of his or her debts and legacies. How to use asset in a sentence.

ASSET meaning: 1 : a valuable person or thing often + to; 2 : something that is owned by a person, company, etc. usually plural

ASSET meaning: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more.

Aug 30, 2024 · Assets: The bottom line Assets refer to anything owned by an individual or organization that has monetary value. They can be broken up into a number of asset types, all …

Apr 25, 2015 · Examples of this type of asset include real estate, buildings, vehicles, equipment, inventory, precious metals, and even currencies. Tangible assets can be broken down even …

Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset.

Dec 15, 2024 · What Is An Asset? An asset is a resource that is owned or controlled by an individual, corporation, or government with the expectation of producing a positive economic …

May 29, 2025 · Learn about what an asset is and how it is reflected in the financial statements. Know the types, examples, and classifications.