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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. In economics, an asset (economics) is any form in which wealth can be held There is a growing analytical interest in assets and asset forms in other social sciences too, especially in terms of how a variety of things (e.g., personality, personal data, ecosystems, etc.) can be turned into 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. The meaning of asset is the property of a deceased person subject by law to the payment of his or her debts and legacies How to use asset in a sentence. A useful or valuable quality, skill, or person Something valuable belonging to a person or… An asset is a resource—whether physical or intangible—that has earning power or some economic value Assets owned by individuals are personal assets. A useful and desirable thing or quality Organizational ability is an asset A single item of ownership having exchange value. Definition of asset noun in oxford advanced learner's dictionary Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Something or someone that is an asset is considered useful or helps a person or organization to be successful. Securities and exchange commission says that assets are “any tangible or intangible item that has value in an exchange.” simply put, assets are things people or businesses own that have monetary value.