Definition Asset

English vocabulary and translations (See all our English vocabulary translation)

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Definition

an asset: an advantage, a benefit; a valuable or useful quality/person/skill
noun
Susie's marketing skills are a real asset to the company.
Michael Jordan was the biggest asset to the Chicago team.

an asset (accounting term): something valuable, for example cash, stock, property, etc.
noun
The company's assets totaled 3 million dollars last year.
At the moment, the company's assets include cash, investments, buildings and machinery.
We must find a way to increase our assets this year. If not, the company will have financial problems.

Pronunciation examples
UK: You are a big asset to the company, so you have been given a pay rise.
US: My wife wants me to consolidate my assets.

Examples


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