asset
asset
noun
/ˈæset/
1 a person or thing that is valuable or useful to somebody/something
In his job, patience is an invaluable asset.
Being able to speak a foreign language is a major asset.
I’m not sure if his forcefulness is an asset or a liability.
asset to somebody/something She'll be an asset to the team.
Scotland's mountain areas are a natural asset to be proud of.
The teachers are the school's biggest asset.
The tourist industry requires that the country's cultural assets be made more accessible.
Since his injury, Jones has become more of a liability than an asset to the team.
Collocations
adjective
big
considerable
great
preposition
asset to
2 usually plural a thing of value, especially property, that a person or company owns, which can be used or sold to pay debts
the net asset value of the company
Her assets include shares in the company and a house in France.
asset sales/management
income from fixed asset investments
financial/capital assets
to freeze a country’s assets
He transferred all his assets into his wife's name.
Liquid assets can be sold more quickly.
Net assets have grown to $169 million.
The authorities have the power to seize the assets of convicted drug dealers.
The business disposed of all its capital assets.
The company has increased its UK assets.
The courts can order a company's assets to be frozen.
They have hidden assets in banks around the world.
measures to prevent asset stripping
COMPARE liability
SEE ALSO digital asset
TOPICS Money B2
Collocations
adjective
combined
total
gross
verb + asset
have
hold
own
asset + verb
be worth something
appreciate
grow
asset + noun
price
value
management
phrases
assets and liabilities
Word Origin
mid 16th cent. (in the plural in the sense ‘sufficient estate to allow discharge of a will’): from an Anglo-Norman French legal term, from Old French asez ‘enough’, based on Latin ad ‘to’ + satis ‘enough’.
e.g.
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