Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “asset”

See all translations

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)
More examples
(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

luck

the force that causes things, especially good things, to happen to you by chance and not as a result of your own efforts or abilities

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

flower beard noun

January 19, 2015
a beard adorned with flowers And some of said beard-rockers are even turning it up a notch, painting trend on top of trend with what’s come to be known as ‘the flower beard.’

Read More