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Word of the Day Tuesday, June 9, 2026

asset

/æsɛt/ noun · British & US
Valid in UKValid in US
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What does asset mean?

noun

A valuable or useful thing, such as property or equipment, that is owned or possessed by someone or something. An asset can also be a person's skills, abilities, or qualities that make them valuable or useful.

Example

"The company's new factory is a valuable asset to the community."

Definition generated by AI and curated by RJS Tech Solutions LLP.

Synonyms for asset

Antonyms of asset

Rhymes with asset

Etymologically related