asset

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as·set

 (ăs′ĕt′)
n.
1. A useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company.
2. A valuable item that is owned.
3. A spy working in his or her own country and controlled by the enemy.
4. assets
a. 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.
b. The entire property owned by a person, especially a bankrupt, that can be used to settle debts.

[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; see sā- in Indo-European roots.]

asset

(ˈæsɛt)
n
anything valuable or useful: experience is their main asset.
[C19: back formation from assets]

as•set

(ˈæs ɛt)

n.
1. a useful and desirable thing or quality: Organizational ability is an asset.
2. a single item of ownership having exchange value.
3. assets,
a. the total resources of a person or business, as cash, notes and accounts receivable, securities, goodwill, or real estate (opposed to liabilities).
b. the items detailed on a balance sheet, esp. in relation to liabilities and capital.
c. all property available for the payment of debts, esp. of a bankrupt firm or person.
d. property of a deceased that can be used to pay debts or legacies.
[1525–35; back formation from assets, in phrase have assets, literally, have enough < Anglo-French, Old French asez enough. See assai1]
as′set•less, adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.asset - a useful or valuable qualityasset - a useful or valuable quality  
quality - an essential and distinguishing attribute of something or someone; "the quality of mercy is not strained"--Shakespeare
resource - a source of aid or support that may be drawn upon when needed; "the local library is a valuable resource"
advantage, vantage - the quality of having a superior or more favorable position; "the experience gave him the advantage over me"
metier, speciality, specialty, forte, strong point, strong suit, long suit, strength - an asset of special worth or utility; "cooking is his forte"
liability - the quality of being something that holds you back

asset

plural noun
1. property, goods, means, holdings, money, funds, effects, capital, riches, finance, reserves, resources, estate, wealth, valuables, possessions By 1989 the group had assets of 3.5 billion francs.

asset

noun
All things, such as money, property, or goods, having economic value.Used in plural:
capital, fortune, mean (used in plural), resource (used in plural), wealth, wherewithal.
Translations
أَصُولشَيء نافِع ثَمين
přednostpřínosvýhoda
aktivgodeplus
etu
imovina
kostur; fengur
強み
자산
lobis
laba īpašībavērtība
prínos
tillgång
สินทรัพย์
değerli şey/kimsevarlık
tài sản

asset

[ˈæset]
A. N
1. (= advantage) → ventaja f
she is a great asset to the departmentes una persona valiosísima en el departamento
2. (Fin etc) → bien m; (= book-keeping item) → partida f del activo
assets (on accounts) → haberes mpl, activo msing
personal assetsbienes mpl personales
real assetsbienes mpl muebles, bienes mpl raíces
assets and liabilitiesactivo msing y pasivo msing
assets in handactivo msing disponible, bienes mpl disponibles
B. CPD asset stripper N (Fin) especulador que compra empresas en crisis para vender sus bienes
asset stripping N (Fin) acaparamiento de activos con vistas a su venta y a la liquidación de la empresa

asset

[ˈæsɛt]
n
(= advantage) → atout m
to be an asset to sth [qualifications, experience] → être un atout pour qch
Her experience will be an asset to the firm → Son expérience sera un atout pour l'entreprise.
(= person) → atout m
to be an asset to sb/sth → être un atout pour qn/qch
assets npl [company] → capital m, actif masset-stripping [ˈæsetstrɪpɪŋ] ndépeçage m

asset

n
(usu pl) → Vermögenswert m; (on balance sheet) → Aktivposten m; assetsVermögen nt; (on balance sheet) → Aktiva pl; personal assetspersönlicher Besitz
(fig) it would be an assetes wäre von Vorteil; he is one of our great assetser ist einer unserer besten Leute; this player, the club’s newest assetdieser Spieler, die neueste Errungenschaft des Klubs; he’s hardly an asset to the companyer ist nicht gerade ein Gewinn für die Firma; good health is a real assetGesundheit ist ein großes Kapital; his appearance is not his best assetaus seinem Aussehen kann er kein Kapital schlagen

asset

[ˈæsɛt] n (useful quality) → bene m, qualità f inv, vantaggio; (person) → elemento prezioso assets npl (Fin) (of individual) → beni mpl, disponibilità fpl; (of company) → attivo msg, attività fpl

asset

(ˈӕset) noun
anything useful or valuable; an advantage. He is a great asset to the school.
ˈassets noun plural
the total property, money etc of a person, company etc.

asset

أَصُول přednost aktiv Vermögenswert περιουσιακό στοιχείο activo etu atout imovina risorsa 強み 자산 bezit eiendel rzecz wartościowa ativo, posse ценное качество tillgång สินทรัพย์ varlık tài sản 资产
References in periodicals archive ?
However, business asset percentage differences would ordinarily not be evidence of a device if (1) the difference is less than 10%, or (2) the difference is attributable to a need to equalize the values of Distributing and Controlled stock that would be held by different groups of shareholders after the spinoff (Prop.
The firm provides a complete range of property, machinery and business asset services across a range of sectors.
"The benefit of the relief can be maximised by leaving the business asset in trust on the first death so that the proceeds of sale are outside the survivor's estate but can still be used to benefit the survivor" said Mr Harrison.
Chartered surveyors Eddisons, which has offices in Huddersfield, has acquired Philip Davies & Sons, one of the UK's leading independent firms of plant, machinery and business asset valuers, for an undisclosed sum.
If the `overage' is over land or building used by the training yard, this should qualify as a business asset and so achieve what is known as a business asset taper relief and therefore pay capital gains tax at only ten per cent.
The new organization combines the services of GE's former Small Business Finance and Business Asset Funding groups into a powerful new entity, represented by a strengthened origination team and backed by an expanded array of innovative financing programs.
Toolkit will adopt many recommendations of a recent 200-participant report that revealed federal employees do not recognize information as a business asset. According to the report, their marginal support for records management has resulted in a lack of training and tools.
Suggestions for improving awareness of gay and lesbian individuals include emphasizing workplace diversity as a business asset, including persons from all minority groups.
Business asset Non-business asset Period for % gain Effective % gain Effective which asset charge- tax rate charge- tax rate held (full able (higher able (higher yrs) rate rate taxpayer) taxpayer) 0-1 100 40% 100 40% 1-2 87.5 35% 100 40% 2-3 75 30% 100 40% 3-4 50 20% 95 38% 4-5 25 10% 90 36% 5-6 25 10% 85 34% 6-7 25 10% 80 32% 7-8 25 10% 75 30% 8-9 25 10% 70 28% 9-10 25 10% 65 26% 10- 25 10% 60 24%
To a professional firm, time is the business asset, analogous to capital equipment in a factory or channel capacity in a cable TV system.
(Please note that the chart analyzes the business asset attractiveness of each country overall, irrespective of industry.
On the death of the shareholder or owner, the business asset will pass free of IHT regardless of who inherits.

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