asset

//ˈæset//
B2Frequency Level 7Neutral
Visual representation of asset

Noun

assetSingular
assetsPlural
1

A useful or valuable thing, person, or quality that provides an advantage or benefit

Her experience in marketing is a valuable asset to the company.

2

Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies

The company's assets include buildings, equipment, and cash reserves.

3

An item of property that has economic value and can be converted to cash

The company's assets include real estate, equipment, and cash reserves.

asset - Deep Vocabulary