Meaning of “asset” - Learner’s Dictionary

asset

noun [ C ] uk us /ˈæset/
ADVANTAGE

a person, skill, or quality that is useful or helps you to succeed:

He'll be a great asset to the team.
MONEY

something that a person or company owns that has a value:

[ usually plural ] The company has $70 billion in assets.

(Definition of “asset” from the Cambridge Learner’s Dictionary © Cambridge University Press)