An asset is something you have that is positive. It can mean a piece of property, a piece of equipment, an ability, or even a quality.

"Her facility with math is an asset when it comes to figuring out the restaurant tab. She is an asset to the group." A person's overall financial picture is determined by lining up everything they own in the asset column, and everything they own in the liability (or debit) column.

Definitions of asset

n a useful or valuable quality

the quality of being something that holds you back
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a source of aid or support that may be drawn upon when needed
advantage, vantage
the quality of having a superior or more favorable position
forte, long suit, metier, speciality, specialty, strength, strong point, strong suit
an asset of special worth or utility
aid, assistance, help
a resource
recourse, refuge, resort
something or someone turned to for assistance or security
the quality of being able to cope with a difficult situation
inner resource
a resource provided by the mind or one's personal capabilities
favor, favour
an advantage to the benefit of someone or something
strategic advantage; power to act effectively
advantage given to a competitor to equalize chances of winning
homecourt advantage
the advantage of playing on your home court in front of fans who are rooting for you
an advantage held by a competitor in a race
clout, pull
special advantage or influence
head start, start
the advantage gained by beginning early (as in a race)
gain, profit
the advantageous quality of being beneficial
grant of favor or advantage to one over another (especially to a country or countries in matters of international trade, such as levying duties)
a special advantage or immunity or benefit not enjoyed by all
expedience, expediency
the quality of being suited to the end in view
favorable position, favourable position, superiority
the quality of being at a competitive advantage
green fingers, green thumb
a special ability to make plants grow
advantageousness, favorableness, favourableness, positiveness, positivity, profitableness
the quality of being encouraging or promising of a successful outcome
tax advantage
an advantage bestowed by legislation that reduces a tax on some preferred activity
Type of:
an essential and distinguishing attribute of something or someone

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