Our mission is fueled by a deep belief that our veterans are assets whose leadership is needed now more than ever here at home.
In 1981 Roger co-founded AES, which evolved into a Fortune 500 global energy company with assets of $34 billion.
Federal Reserve rules require that assets be constantly revalued to their fluctuating market value.
1530s, "sufficient estate," from Anglo-French asetz (singular), from Old French assez (11c.) "sufficiency, satisfaction; compensation," noun use of adverb meaning "enough, sufficiently; very much, a great deal," from Vulgar Latin *ad satis "to sufficiency," from Latin ad- "to" (see ad-) + satis "enough" (see sad).
Beginning as a legal term, "sufficient estate" (to satisfy debts and legacies), it passed into general use; meaning "any property that theoretically can be converted to ready money" is from 1580s. Asset is a 19c. artificial singular. Asset stripping attested from 1972.
A possession that can be turned into cash to cover liabilities.
Note: Commonly, the term denotes anything of value.