Oct 15, 2025 · An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

: a short-term asset (as inventory, an account receivable, or a note) that can be quickly converted into cash

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 …

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

Asset definition: a useful and desirable thing or quality.. See examples of ASSET used in a sentence.

Feb 27, 2023 · Assets are things you own that have value. Assets can include things like property, cash, investments, jewelry, art and collectibles. Liabilities are things that are owed, like debts. …

Oct 8, 2025 · What does "asset" mean? An asset is anything with positive economic value. Assets can be classified in several different ways.

Whether owned by an individual or a company, a financial asset is worth knowing more about - especially one that is increasing in value.

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

Sep 16, 2025 · Assets are fundamental to business operations, growth, and accurate financial statements. Understanding how to handle different asset types is key.