An asset is something that is valuable or useful. It can be a physical thing, for example, property, money, houses, cars, etc. but it can also be things that you cannot touch, such as a good reputation, patience or being able to speak a foreign language.
The total assets of the company are 1.2 billion dollars.
A company's assets can consist of cash, accounts receivable, investments, inventory, land, buildings, or registered trademarks.
Her best asset is her smile.
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