What Is an Asset? An asset is a resource owned by an individual or organization which provides economic value. This includes cash, equipment, property, rights, or anything that helps a company generate revenue or reduce expenses., ASSET definition: 1. a useful or valuable quality, skill, or person: 2. something valuable belonging to a person or…. Learn more., An asset is something valuable that a person or business owns, which can be used to generate income or provide future benefits. An asset is key in measuring financial health and stability., An asset is a resource with a monetary value that a person, business, or country owns or manages with the hope that it will bring benefits in the future. Assets are listed on a company's balance sheet and are bought or built to make the company more valuable or to help it run better., Assets are valuable resources owned by individuals or businesses that have economic value and can bring future financial benefits. These resources are important for managing finances, helping to build wealth, generate income, and ensure long-term stability., Definition of asset noun from the Oxford Advanced Learner's Dictionary. a person or thing that is valuable or useful to somebody/something. In his job, patience is an invaluable asset. Being able to speak a foreign language is a major asset. I’m not sure if his forcefulness is an asset or a liability..