|Origin:||assets (singular) 'enough money to pay debts' (16-19 centuries), from Anglo-French asetz, from Old French assez 'enough'|
as‧set S2 W2 [countable]
1 [usually plural]BF
the things that a company owns, that can be sold to pay debts
a corporation with $9 billion in assets
the value of a company's assets
2 [usually singular]
something or someone that is useful because they help you succeed or deal with problems [≠ liability]:
A sense of humor is a great asset in this business.
be an asset to somebody/something
I think Rachel would be an asset to the department.