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Asset: meaning, definitions and examples

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asset

 

[ ˈæsɛt ]

Noun / Verb
Context #1 | Noun

finance

An item of value owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

Synonyms

belongings, possession, property

Examples of usage

  • The company's assets include real estate, equipment, and patents.
  • She invested in gold as a safe asset during economic uncertainty.
Context #2 | Noun

computing

A digital file or resource that can be used or referenced in a program or website.

Synonyms

component, element, resource

Examples of usage

  • The website's assets, such as images and scripts, are stored in a separate folder.
  • The game developer created various assets for the new video game.
Context #3 | Verb

finance

To obtain as an asset; to acquire.

Synonyms

acquire, obtain, procure

Examples of usage

  • She decided to asset the company's liabilities before making a decision.
  • The new CEO aims to asset more properties for the expansion.

Translations

Translations of the word "asset" in other languages:

🇵🇹 ativo

🇮🇳 संपत्ति

🇩🇪 Vermögenswert

🇮🇩 aset

🇺🇦 актив

🇵🇱 aktywo

🇯🇵 資産 (しさん)

🇫🇷 actif

🇪🇸 activo

🇹🇷 varlık

🇰🇷 자산 (jasan)

🇸🇦 أصل

🇨🇿 aktivum

🇸🇰 aktívum

🇨🇳 资产 (zīchǎn)

🇸🇮 sredstvo

🇮🇸 eign

🇰🇿 актив

🇬🇪 აქტივი

🇦🇿 aktiv

🇲🇽 activo

Etymology

The word 'asset' originated in the late 16th century from Old French 'acetz' meaning 'enough, sufficient'. Over time, it evolved to signify items of value or resources that can be owned and utilized. The concept of assets has been crucial in both financial and digital contexts, highlighting the importance of value and ownership in various domains.

See also: assetizing, assets.

Word Frequency Rank

With rank #4,134, this word represents useful upper-intermediate vocabulary. Understanding and using it will help you express more complex ideas effectively.