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English definition of “asset”

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asset

noun [C usually pl]  /ˈæs·et, -ət/ us  
something having value, such as a possession or property, that is owned by a person, business, or organization An asset is also any positive feature that gives you an advantage: Her knowledge of Spanish and French is a real asset in her work.
(Definition of asset from the Cambridge Academic Content Dictionary © Cambridge University Press)
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