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Synonyms
asset - 8 dictionary results
as⋅set
[as-et] 
–noun
| 1. | a useful and desirable thing or quality: Organizational ability is an asset. |
| 2. | a single item of ownership having exchange value. |
| 3. | assets,
|
Origin:
1525–35; back formation from assets, in phrase have assets, lit., have enough (to pay obligations) < AF, OF asez enough. See assai 1
1525–35; back formation from assets, in phrase have assets, lit., have enough (to pay obligations) < AF, OF asez enough. See assai 1
Related forms:
as⋅set⋅less, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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|
Link To asset
| as·set (ās'ět') n.
[Back-formation from English assets, sufficient goods to settle a testator's debts and legacies, from Anglo-Norman asetz, from asez, enough, from Vulgar Latin *ad satis, to sufficiency : Latin ad, to; see ad- + Latin satis, enough; see sā- in Indo-European roots.] |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Asset
As"set\, n. Any article or separable part of one's assets.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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Language Translation for : asset
Spanish:
ventaja, factor positivo,
German:
der Pluspunkt,
Japanese:
貴重なもの
asset
A possession that can be turned into cash to cover liabilities.
Note: Commonly, the term denotes anything of value.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Asset
1. A resource having economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.
2. A balance sheet item representing what a firm owns.
Investopedia Commentary
1. Assets are bought to increase the value of a firm or benefit the firm's operations. You can think of an asset as something that can generate cash flow, regardless of whether it's a company's manufacturing equipment or an individual's rental apartment.
2. In the context of accounting, assets are either current or fixed (non-current). Current means that the asset will be consumed within one year. Generally this includes things like cash, accounts receivable and inventory. Fixed assets are those that are expected to keep on providing benefit for more than one year, such as equipment, buildings, real estate, etc.
Related Links
Introduction to Fundamental Analysis
ROA On The Way
Reading The Balance Sheet
See also: Alternative Assets, Asset Valuation, Current Assets, Intangible Asset, Liability, Marquee Asset, Net Liquid Assets, Tangible Asset
Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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asset
- Something of monetary value that is owned by a firm or an individual. Assets are listed on a firm's balance sheet and include tangible items such as inventories, equipment, and real estate as well as intangible items such as property rights or goodwill. Compare liability. See also current asset, intangible asset, tangible asset.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Copyright © 2003. Published by Houghton Mifflin.
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Main Entry: as·set
Pronunciation: 'a-"set, -s&t
Function: noun
Etymology: back-formation from assets, singular, sufficient property to pay debts and legacies, from Anglo-French asetz, from Old French asez enough
1 : the entire property of a person, business organization, or estate that is subject to the payment of debts —used in pl. —compare EQUITY
2 : an item of property owned
admitted asset
: an asset allowed by law to be included in determining the financial condition of an insurance company —compare NONADMITTED ASSET in this entry
appointive asset
: an asset in an estate that is to be distributed under a power of appointment
capital asset
: a tangible or intangible long-term asset esp. that is not regularly bought or sold as part of the owner's business; specifically : any asset classified as a capital asset by law (as section 1221 of the Internal Revenue Code)
cur·rent asset
: a short-term asset (as inventory, an account receivable, or a note) that can be quickly converted into cash
equitable asset
: an asset esp. in an estate that is subject to the payment of debts only in a court of equity
fixed asset
: a tangible asset (as a piece of equipment) that is of a permanent or long-term nature
intangible asset
: an asset (as goodwill or a patent) that does not have physical form
marital asset
: an asset acquired by either spouse or both spouses during a marriage
NOTE: Marital assets are generally subject to equitable distribution on divorce.
net assets
1 : the excess of assets over liabilities called also net worth
2 : admitted assets considered as a whole
net quick assets
: the excess of quick assets over current liabilities
non·ad·mit·ted asset
: an asset not allowed by law to be included in determining the financial condition of an insurance company because it cannot be quickly converted into cash without incurring a loss —compare ADMITTED ASSET in this entry
quick assets
: cash, accounts receivable, and other current assets except inventories
tangible asset
: an asset that has physical form and is capable of being appraised at an actual or approximate value
wast·ing asset
: property (as a copyright or oil well) that will eventually expire or be used up and lose its value
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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The Free On-line Dictionary of Computing, © 1993-2007 Denis Howe
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