Assets: meaning, definitions and examples

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assets

[ ˈæsɛts ]

^{Context #1}

financial

Items owned by a business that have monetary value and can be used to generate revenue.

Synonyms

holdings, possessions, property

Examples of usage

The company's assets include cash, inventory, and equipment.
The value of the company's assets increased by 10% this quarter.

^{Context #2}

computing

Any file, program, or piece of data that is stored digitally and can be accessed by a computer system.

Synonyms

elements, files, resources

Examples of usage

The software developer backed up all project assets to prevent data loss.
The website's assets, such as images and scripts, were optimized for faster loading.

Translations

Translations of the word "assets" in other languages:

🇵🇹 ativos

🇮🇳 संपत्ति

🇩🇪 Vermögenswerte

🇮🇩 aset

🇺🇦 активи

🇵🇱 aktywa

🇯🇵 資産 (しさん)

🇫🇷 actifs

🇪🇸 activos

🇹🇷 varlıklar

🇰🇷 자산 (jasan)

🇸🇦 أصول

🇨🇿 aktiva

🇸🇰 aktíva

🇨🇳 资产 (zīchǎn)

🇸🇮 sredstva

🇮🇸 eignir

🇰🇿 активтер

🇬🇪 აქტივები

🇦🇿 aktivlər

🇲🇽 activos

Word origin

The term 'assets' originated from the Middle English word 'asset', meaning 'enough'. In the financial context, assets refer to resources that hold economic value and contribute to an entity's wealth. The concept of assets has evolved over time with the development of accounting principles and technological advancements, leading to the recognition of digital assets in the modern era.