asset

IPA: ˈæsɛt

noun

  • A thing or quality that has value, especially one that generates cash flows.
  • (accounting) Any item recorded on the left-hand side of a balance sheet.
  • (software) Any component, model, process or framework of value that can be leveraged or reused.
  • (espionage) An intelligence asset.
  • (slang, usually in the plural) A woman's breasts or buttocks or a man's genitalia.
  • Initialism of Association of Supervisory Staffs, Executives and Technicians.
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Examples of "asset" in Sentences

  • Your main asset is credibility, not money or size.
  • The Washington Post readers may not have known the term "asset protection" a week ago, but with this help from FICO, they'll figure it out soon.
  • The fifth round of the term asset-backed securities loan facility (TALF) in support of CMBS was held by the New York Fed just last Wednesday, to no avail for new CMBS issuance.
  • Note 14: Its main asset is the complete archive of EAM (the National Liberation Front), including the archives of the 'Mountain Government', which administered the liberated regions of Greece.
  • Then early in the Obama administration, regulators threw the real estate industry a bone, expanding a financial rescue program, the term asset-backed securities loan facility (TALF), to commercial-mortgage-backed securities, thereby muffling calls for a broader industry rescue.
  • Its main asset is the Ingka Holding group, which is conservatively financed and highly profitable: post-tax profits were €1.4 billion ($1.7 billion) — an impressive margin of nearly 11% on sales of €12.8 billion — in the year to August 31st 2004, the latest year for which the group has filed accounts.
  • The federal government has already been proactive in addressing the crisis, specifically concerning the inclusion of commercial real estate in the term asset-backed securities loan facility (TALF) legislation and recent changes issued by Treasury to ease tax regulations governing real estate mortgage investment conduits (REMICs).

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