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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.
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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