asset
Listen:Concise Oxford English Dictionary © 2008 Oxford University Press:
asset/ˈaset/
▶noun
- 1 a useful or valuable thing or person.
- 2 (assets) property owned by a person or company, regarded as having value and being available to meet debts, commitments, or legacies.
– origin C16 (in the pl. in the sense ‘sufficient estate to allow discharge of a will’): from Anglo-Norman Fr., from OFr. asez ‘enough’, based on L. ad ‘to’ + satis ‘enough’.
'asset' also found in these Oxford entries:
acquisition
- amortize
- asset-backed
- asset-stripping
- book value
- capitalize
- card
- cost-of-carry
- depreciate
- derivative
- goodwill
- hedge
- intangible
- livestock
- NAV
- realize
- secure
- securitize
- self-liquidating
- sinking fund
- straight-line
- unfreeze
- unsecured
- write
- write-down
- write-off
