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Asset - Wikipedia 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 economic value
ASSET Definition Meaning - Merriam-Webster The meaning of ASSET is the property of a deceased person subject by law to the payment of his or her debts and legacies How to use asset in a sentence
What is an Asset? - Finance Strategists What Is an Asset? An asset is a resource owned by an individual or organization which provides economic value This includes cash, equipment, property, rights, or anything that helps a company generate revenue or reduce expenses
What Are Assets? Definition and Examples | MetLife Assets: The bottom line Assets refer to anything owned by an individual or organization that has monetary value They can be broken up into a number of asset types, all of which contribute to an organization’s or individual’s overall value
What Is an Asset? Definition, Types, and Examples What Is An Asset? An asset is a resource that is owned or controlled by an individual, corporation, or government with the expectation of producing a positive economic benefit
What are assets? - Bankrate Assets are economic resources An asset can be tangible or intangible and can hold, grow or lose value
What are assets: types, classifications, and importance in finance An asset is any resource owned or controlled by an individual or business with economic value and expected to provide future benefits The value of an asset lies in its ability to be converted into cash, used for operations, or held as a long-term investment