26984 words

assets

7 definitions • 17 examples
1
a useful or valuable quality, skill, or person:

Examples:

He'll be a great asset to the team.
Knowledge of languages is a real asset in this sort of work.
His eyes are his best asset (= most attractive feature).
2
something valuable belonging to a person or organization that can be used for the payment of debts:

Examples:

liquid asset A lot of his wealth is in the form of stock, but he has little in liquid assets (= money or things that can easily be changed into money).
A company's assets can consist of cash, investments, specialist knowledge, or copyright material.
3
someone who provides secret information to a government or intelligence organization about what another government or organization is doing:

Examples:

There was a suggestion that a Western intelligence asset may have been involved.
4
something having value, such as a possession or property, that is owned by a person, business, or organization
5
An asset is also any positive feature that gives you an advantage:

Examples:

Her knowledge of Spanish and French is a real asset in her work.
6
something that is owned by a person, company, or organization, such as money, property, or land:

Examples:

The company reported total assets worth $1.9 million.
have/hold/own assets You can hold assets offshore, such as bank accounts or property.
acquire/buy/increase assets The parties will decide whether to buy assets or shares.
dispose of/reduce/sell assets The company's board could dispose of assets once they decide to sell the company.
record/show sth as an asset This figure will need to be shown in the accounts as an asset.
the sale/disposal/transfer of assets
7
a person or thing that is very useful or valuable:

Examples:

be an asset to sb/sth Thank you for your contribution - you are an asset to the company.

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