ACCOUNTING, FINANCE something that is owned by a person, company, or organization, such as money, property, or land: The company reported total assets worth $1.9 million.have/hold/own assets You can hold assets offshore, such as bank accounts or property.acquire/buy/increase assets The parties will decide whether to buy assets or shares.dispose of/reduce/sell assets The company's board could dispose of assets once they decide to sell the company.freeze/release/unfreeze assets The courts can order a financial institution to freeze assets.record/show sth as an asset This figure will need to be shown in the accounts as an asset. the sale/disposal/transfer of assets , An asset is a resource, tangible or intangible, that holds some monetary value that can be exploited by its owner. The asset may produce income, such as rental fees, or may produce a, ASSET definition: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more..