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asset Definition

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asset
noun(as-set)
the property of a deceased person subject by law to the payment of his or her debts and legacies
asset
noun(as-set)
the entire property of a person, association, corporation, or estate applicable or subject to the payment of debts
asset
noun(as-set)
advantage, resource
asset
noun(as-set)
the practice of buying a company that is not successful at a low price and then selling its property (such as buildings or land) to make a profit
asset
noun(as-set)
an asset other than a capital asset

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