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2 entries found for asset

as·set Listen to audio/ˈæˌsɛt/ noun
plural as·sets
[count] 1 : a valuable person or thing
Good looks can be an asset [=advantage] in an acting career. The state's natural assets include mountains and beautiful lakes.often + to Good looks can be an asset to an actor. She is a great asset to the team. [=she's a valuable member of the team]
2 : something that is owned by a person, company, etc. — usually plural The company had to sell some of its assets to avoid bankruptcy. a bank with billions of dollars in assets business assets and liabilities They bought the company and stripped it of its assets. [=they sold the property owned by the company]

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