asset
as·set
noun \ˈa-ˌset also -sət\Definition of ASSET
1
plural a : the property of a deceased person subject by law to the payment of his or her debts and legacies b : the entire property of a person, association, corporation, or estate applicable or subject to the payment of debts
3
a : an item of value owned b plural : the items on a balance sheet showing the book value of property owned
4
: something useful in an effort to foil or defeat an enemy: as a : a piece of military equipment b : spy
Examples of ASSET
- The state's natural assets include mountains and beautiful lakes.
- <rumors persisted that CIA assets were behind the coup d'état>
Origin of ASSET
Related to ASSET
- Synonyms
- agent, spy, emissary, intelligencer, mole, operative, spook, undercover
- Antonyms
- disadvantage, drawback, encumbrance, hindrance, impediment, minus
Other Economics Terms
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