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Legal Dictionary

asset

Legal Definition of asset

Noun

  1. [usu. in pl.] Property and possessions, esp. that can be set against debts etc.

Definition of asset

Pronunciation

  • IPA: /'ęset/

Etymology

    From Anglo-Norman asetz, from Old French assez "enough".

Noun

asset (plural assets)

  1. Something or someone of any value; any portion of one's property or effects so considered.

    These shares are a valuable asset.

  2. (software) Any component, model, process or framework of value that can be leveraged or reused.

Antonyms

Derived terms

Related terms

Anagrams

  • Alphagram: aesst
  • sates
  • seats
  • setas
  • tasse
  • Tessa, TESSA

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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