Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “asset”

asset

noun uk   /ˈæs.et/ /-ɪt/ us  
C1 [C] a useful or valuable quality, skill, or person: He'll be a great asset to the team. Her eyes are her best asset (= most attractive feature). Knowledge of languages is a real asset in this sort of work. C1 [C usually plural] something valuable belonging to a person or organization that can be used for the payment of debts: A company's assets can consist of cash, investments, specialist knowledge, or copyright material. liquid assets (= money or things that can easily be changed into money)
(Definition of asset from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of asset?
Add Cambridge dictionaries to your browser to your website

Definitions of “asset” in other dictionaries

Word of the Day

long time no see

said when you meet someone who you haven't seen for a long period of time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More