Longman Dictionary of Contemporary English homepage

Topic: FINANCE

Date: 1800-1900
Origin: assets (singular) 'enough money to pay debts' (16-19 centuries), from Anglo-French asetz, from Old French assez 'enough'

asset

 noun
     
as‧set S2 W2 [countable]
1 [usually plural]BF the things that a company owns, that can be sold to pay debts
in assets
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.
Definition of asset from the Longman Dictionary of Contemporary English within
the topic FINANCE

Explore FINANCE Topic

accountant accounting appropriate asset audit auditor balance sheet bond cash flow compensate compound controller cost CPA credit(n) credit(v) due earn economic equity failure figure finance financier FY gross holding inheritance injection invest investment investor leverage mature maturity net(a) net(v) non-payment option portfolio principal proceeds property purse p.w. real receiver rent rental resource return(v) return(n) revenue ruin saving speculation squeeze term total transfer trust weak

Show all entries from Topic: FINANCE


Other related topics

  
Word of the Day
The FINANCE
Word of the Day is:
non-payment