Find the Meaning, Pronunciation, and Examples of the English Word "Asset" in Different Contexts
Meaning of Asset
An asset is a valuable item or resource that has economic value to a person or organization. It can include both tangible and intangible assets, such as:
- Tangible assets: Physical property, such as land, buildings, equipment, and inventory.
- Intangible assets: Non-physical property, such as patents, copyrights, trademarks, and goodwill.
Pronunciation of Asset
The correct pronunciation of "asset" is ˈæsɛt.
Examples of Asset Usage
Here are some examples of how the word "asset" is used in different contexts:
- The company's most valuable asset is its brand name.
- The government considers natural resources to be a strategic asset.
- The spy used his intelligence as an asset to infiltrate the enemy camp.
- The company's main assets are its machinery and equipment.
- The company depreciated its assets at the end of the year.
Translation of Asset in German
The German translation for "asset" is Vermögenswert.
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