Meaning of the word assets in English
What does assets mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
assets
US /ˈæˌsɛts/
UK /ˈæˌsɛts/
Plural Noun
1.
property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies
Example:
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The company's total assets exceeded its liabilities.
•
Real estate is often considered a valuable asset.
2.
a useful or valuable thing or person
Example:
•
His experience is a great asset to the team.
•
Good communication skills are an important asset in any profession.