• (RP) IPA: /ˈæsɪt/
• (America) IPA: /ˈæsɛt/, /ˈæsət/

asset (plural assets)

1. A thing or quality that has value, especially one that generates cash flows.

   My assets consist of stocks in companies that pay a dividend, and a few apartments that pay me rental income.

   • January 31 2020, Boris Johnson, Brexit Day speech

     And when I look at this country’s incredible assets. Our scientists, our engineers, our world-leading universities, our armed forces. When I look at the potential of this country waiting to be unleashed, I know that we can turn this opportunity into a stunning success.

   Coordinate term: liability
   1. (accounting) Any item recorded on the left-hand side of a balance sheet.

      Coordinate term: liability

2. (software) Any component, model, process or framework of value that can be leveraged or reused.
3. (espionage) An intelligence asset.
4. (slang, usually, in the plural) A woman's breasts or buttocks or a man's genitalia.
   • 2009, Kaitlynn Maguire, Margaret Tingley, Serendipitous Moments of Female Sensuality, page 27:

     Perhaps it is simply common for wives to want their female friends to see their husband nude – especially if he has nice assets. Honestly, I also wanted to see the dick of Brian and Andrew.

   • 2009, Cheyenne McCray, The First Sin: A Lexi Steele Novel, page 189:

     “Slave Alexi has nice assets.”

• liability

• French: avoir, atout
• German: Aktiva, Vermögenswert, Anlage, Gut, Vorteil, Ressource, Plus, Pluspunkt
• Italian: bene, proprietà, possedimento, risorsa
• Portuguese: bem, activo, ativo
• Russian: акти́в
• Spanish: bien, valor, activo (economy), peculio

• French: actif

• French: module
• Spanish: recurso

1. Initialism of Association of Supervisory Staffs, Executives and Technicians