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| as·set [ á sèt ] |
noun (plural as·sets) |
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| Definition: |
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1. somebody or something useful: somebody or something that is useful and contributes to the success of something
  Good health is a great asset.
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2. valuable thing: a property to which a value can be assigned
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plural noun as·sets |
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| Definition: |
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1. owned items: the property that is owned by a person or organization
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2. law seizable property: the property of a person that can be taken by law for the settlement of debts or that forms part of a dead person's estate
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3. accounting balance sheet items: the items on a balance sheet that constitute the total value of an organization
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| [Mid-16th century. Via Anglo-Norman assetz "sufficient goods" (to settle an estate) < Latin ad satis "sufficiency"] |
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