Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company.
  • n. A valuable item that is owned.
  • n. A spy working in his or her own country and controlled by the enemy.
  • n. Accounting The entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill.
  • n. The entire property owned by a person, especially a bankrupt, that can be used to settle debts.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. Something or someone of any value; any portion of one's property or effects so considered.
  • n. Any component, model, process or framework of value that can be leveraged or reused.
  • n. intelligence asset

from the GNU version of the Collaborative International Dictionary of English

  • n. Any article or separable part of one's assets.

from The Century Dictionary and Cyclopedia

  • n. See assets.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a useful or valuable quality

Etymologies

Back-formation from English assets, sufficient goods to settle a testator's debts and legacies, from Anglo-Norman asetz, from asez, enough, from Vulgar Latin *ad satis, to sufficiency : Latin ad, to; see ad- + Latin satis, enough.
(American Heritage® Dictionary of the English Language, Fourth Edition)
From Anglo-Norman asetz, from Old French assez "enough". (Wiktionary)

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