asset

Meanings

• noun

  A valuable thing or resource owned by an individual or organization.

  - "The company's main asset is its human capital."
  - "Real estate is a popular asset for long-term investment."

• noun

  The capital contributed by a partner in a business.

  - "Each partner brings unique assets to the business."
  - "The assets of the partnership are used to pay off debts."

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Pronunciation

1. 
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=79218497"

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Antonyms

liability

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Rhymes

Words rhyming with asset
debt , abet , get , abetter , whet

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Variants

List of all variants of asset that leads to same result
asset , assets , asset-stripping , working asset , working assets

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Etymology

origin and the way in which meanings have changed throughout history.

From Old French 'assez', meaning 'sufficient' or 'enough'; metaphorically extended to mean 'that which is of value'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'asset' has its roots in Old French, where it meant 'sufficient' or 'enough'.

2. The total value of all assets owned by a person or organization is known as their net worth.

3. In accounting, assets are classified into different categories such as current assets and non-current assets.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Capital: Refers to the economic resources controlled by an individual or organization, including both physical assets (such as buildings and equipment) and financial assets (such as cash and investments).

2. Wealth: Refers to the accumulated value of a person's or organization's assets, often used as a measure of financial success or prosperity.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Assets have cultural significance in various contexts, such as art, literature, and music. For instance, in art, assets can refer to valuable paintings, sculptures, or antiques. In literature, assets can symbolize wealth, power, or resources. In music, asset can be used metaphorically to refer to a valuable skill or talent.

How to Memorize "asset"

1. visualize
   

   - Imagine a pile of gold coins or a stack of dollar bills to represent the concept of an asset.

2. associate
   

   - Associate the word 'asset' with the word 'wealth' or 'value'.

3. mnemonics
   

   - Use the acronym 'A Strong Elephant' to remember the definition of asset: 'A' for 'Asset' is 'A' Strong 'E'lement 'P'owering 'L'ife.

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