asset

/'æset/

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Word: Asset

Definition: An asset is something that is useful or valuable. It can refer to things you own, skills you have, or qualities that help you succeed.

Usage Instructions:

• “Asset” is always used as a noun.
• It can refer to physical items, like money or property, or non-physical qualities, such as skills or characteristics.

Examples:

1. Physical Asset: "Her house is a valuable asset."
2. Skill Asset: "His ability to speak multiple languages is a great asset in his job."

Advanced Usage:

In business, “asset” often refers to items that have economic value, like cash, real estate, or equipment. It can also be used in a more abstract sense to describe personal qualities that contribute to success.

Word Variants:

• Assets (plural): Refers to multiple useful items or qualities. “The company has several valuable assets.”
• Asset-based (adjective): Relating to the value of assets. “They offer asset-based loans.”

Different Meanings:

1. Financial Context: In finance, an asset is anything of value or a resource owned by a person or company, such as stocks, bonds, or real estate.
2. Personal Qualities: It can refer to personal traits or skills that are beneficial, such as being organized or a good communicator.

Synonyms:

• Resource
• Benefit
• Advantage
• Strength

Idioms and Phrasal Verbs:

There aren't specific idioms or phrasal verbs that directly include the word "asset," but you might hear phrases like: - "A key asset" (meaning something very important or valuable). - "Maximize your assets" (meaning to make the best use of what you have).

Summary:

An “asset” is anything valuable or useful, whether it’s a physical item, a skill, or a personal quality. Understanding what your assets are can help you succeed in life or business.

Academic

Noun

1. a useful or valuable quality

Synonyms

• plus