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What Does Assets Means?

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    Definition of Asset is a useful or valuable quality, person, or thing; an advantage or resource. It can be any item of economic value owned by an individual or corporation.
    The term Asset is used mostly in its Accounting definition, The entries on a balance sheet showing all tangible and intangible properties, Assets can include cash,
    stock, inventories, property rights, and goodwill.
    Asset word also refers to a very valuable person or organization e.g., Mother Teresa is a precious asset for humanity and Army is very valuable asset of any country.
    Also Visit Asset Definition from Business Dictionary.
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