Asset - Definition

An asset is something that has value and is owned by an entity. Assets add to the Net Worth of the entity that owns it. The entity that owns an asset can be a person, a company, or any other type of organization.

Examples of assets are cars, buildings, land, machines, equipment, cash and moneys owed to an entity.

In business and Accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group acting together, e.g. a company, the value of which can be expressed in monetary terms.

Terms near "Asset"

Asset Allocation
Association Cambiste International
At Best
At or Better
At Par Forward Spread
At the Price Stop-Loss Order
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Asset - Related articles & news

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