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asset

noun

Simple meaning

A thing or quality that has value.

Pronunciation

Say it like this:

aset

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US device voice
IPA pronunciation (US)

ˈæsɛt

This word is pronounced essentially the same in American and British English, so one transcription covers both.

IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.

Word Review

Definition

Everyday modern meanings first, grouped by part of speech.

noun

  1. A thing or quality that has value, especially one that generates cash flows.

  2. accounting

    Any item recorded on the left-hand side of a balance sheet.

  3. software

    Any component, model, process or framework of value that can be leveraged or reused.

Word at a Glance

Difficulty
B1 · Intermediate
Frequency
Common
Typical Use
Varies by meaning

Word Aura™

How this word commonly comes across.

Aura for this meaning

This meaning: A thing or quality that has value, especially one that generates cash flows.

Used this way, asset is a reasonably familiar word that usually carries little praise or criticism of its own. It usually sounds natural in a wide range of settings.

Emotional tone
Neutral
Formality
Neutral
Intensity
Not strongly marked
How common
Moderately common
Connotation
Matter-of-fact
Usage feel
Neutral and straightforward

Word Aura describes common impressions, not a measurement. Tone changes with sentence, speaker, relationship and situation.

More ways to use asset

  • “Good communication skills are a valuable asset in any professional environment.”noun

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Common Patterns and Combinations

How this word naturally appears with others.

Value

current asset

Intelligence

capital assetintangible asset

Other combinations

asset managementfixed assetasset allocationasset classasset turnover

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Word Family

Related forms, grouped by how they connect.

Inflected forms

Grammatical variations of the same word.

  • assetsnounPlural form

    Anything of material value or usefulness that is owned by a person or company.

Compound terms

Established multiword terms.

  • current assetsnounCompound term

    Assets in the form of cash (or easily convertible into cash).

  • intangible assetnounCompound term

    Assets that are saleable though not material or physical.

  • liquid assetsnounCompound term

    Assets in the form of cash (or easily convertible into cash).

  • quick assetsnounCompound term

    Assets in the form of cash (or easily convertible into cash).

Related Words

Connected to the same idea, not synonyms.

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Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.