Assets (Noun)
Meaning
Anything of material value or usefulness that is owned by a person or company.
Classification
Nouns denoting possession and transfer of possession.
Usages
Examples
- The company's assets include several buildings, a large fleet of vehicles, and significant investments in the stock market.
- Her assets such as a savings account, investments, and a valuable art collection will help secure her financial future.
- The merger increased the company's assets by adding a larger customer base and a more extensive product line.
- After evaluating the company's assets and liabilities, the accountant determined that it was financially stable.
- The corporation's most valuable assets were its brand recognition and the patents for its innovative technology.