B2noun 1K

Asset

🇬🇧 UK /["/ˈæset/"]/ 🇺🇸 US /["/ˈæset/"]/

Meaning of Asset

a person or thing that is valuable or useful to somebody/something

In simple words: Something valuable that you own.

Asset in a sentence

• The company increased its value through the acquisition of new assets.
• Real estate is considered a valuable asset for long-term investment.
• In the game, having a diverse set of assets can lead to a better strategy.
• Her ability to communicate effectively is a significant asset in her career.
• Time is one of the most important assets we have in life.
• In finance, assets include anything of value that can be owned.
• The startup's greatest asset is its innovative team.
• Some assets can depreciate in value over time, like vehicles.

How to use Asset

Used in both formal and informal settings. In finance, 'asset' refers to valuable items like cash, property, or investments. Avoid using it when referring to personal possessions that are not valuable.

Grammar pattern

asset + object

Memory hint

Think of 'asset' as 'a-sit' on something valuable that supports you.

Related words

Collocations with Asset

• big
• considerable
• great
• asset to
• combined
• total
• gross
• have
• hold
• own
• be worth something
• appreciate
• grow
• price
• value
• management
• assets and liabilities

Synonyms for Asset

• resource
• property
• holding
• capital
• equity

Opposites of Asset

• liability
• debt
• burden

Common mistakes with Asset

• Confused with 'liability' — an asset is something valuable, a liability is something you owe.
• Using in singular when plural is needed — often referred to in plural as 'assets' in business contexts.
• Mispronouncing, often saying 'as-set' instead of 'as-et'.

Frequently asked questions about Asset

What does Asset mean?

Something valuable that you own.

What is the definition of Asset?

a person or thing that is valuable or useful to somebody/something

How do you use Asset in a sentence?

The company increased its value through the acquisition of new assets.

Can you give another example of Asset?

Real estate is considered a valuable asset for long-term investment.

What are synonyms for Asset?

Common alternatives include resource, property, holding, capital, equity.

What is the opposite of Asset?

Opposite meanings include liability, debt, burden.

What words go with Asset?

It commonly pairs with big, considerable, great, asset to, combined, total, gross, have, hold, own, be worth something, appreciate, grow, price, value, management, assets and liabilities.

What are common mistakes when using Asset?

Confused with 'liability' — an asset is something valuable, a liability is something you owe. Using in singular when plural is needed — often referred to in plural as 'assets' in business contexts. Mispronouncing, often saying 'as-set' instead of 'as-et'.

How do you pronounce Asset?

US: /["/ˈæset/"]/, UK: /["/ˈæset/"]/. Listen to the audio above to hear native pronunciation.

When should I use Asset?

Used in both formal and informal settings. In finance, 'asset' refers to valuable items like cash, property, or investments. Avoid using it when referring to personal possessions that are not valuable.

What CEFR level is Asset?

"Asset" is at B2 level on the CEFR scale.