These example sentences are selected automatically from various online news sources to reflect current usage of the word 'asset. Send us feedback. Accessed 4 May.

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See the full definition for asset in the English Language Learners Dictionary.

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Without one, your business is seen as a sole proprietorship or partnership and leaves it and your assets vulnerable to lawsuits. People who are authorized to handle these assets should also be included. Take the quiz Spell It Can you spell these 10 commonly misspelled words? Lay's Potato Crisps Baked!

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It's dirty work, but we took the plunge. This most often means listing family and friends who are authorized to handle the assets within the list. Financial experts warn against placing all or the majority of personal assets into a single asset type or location. A daily challenge for crossword fanatics. Comments on asset What made you want to look up asset? History and Etymology for asset back-formation from assetssingular, sufficient property to pay debts and legacies, from Anglo-French asetzfrom Old French asez enough.

The awkward case of 'his or her'.

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Cash s and financial s are some of the most common personal assets that people think of. Legal Definition of asset. Corporate Assets Corporations have long lists of assets including companies and brand names which are owned by the corporation.

Tangible Assets Tangible assets are those that can be touched. These example sentences are selected automatically from various online news sources to reflect current usage of the word 'asset. Words at Play 'Petal' vs. Examples of owned personal assets include: Artwork Automobile Checking Collectibles Electronics Insurance Jewelry Investment s Retirement Savings Examples of personal characteristic assets include: Great smile Ability to get along with many different personalities Positive attitude Sense of humor Great communicator Excellent public speaker.

The value of these kinds of assets are hard to determine because they may sell for more or less than what an appraiser values. Doritos Tortilla Chips Baked! Britannica English: Translation of asset for Arabic Speakers.

The more that are included, the better. Learn More about asset. Accessed 4 May. First Known Use of asset 14th century, in the meaning defined at sense 1a. This often surprises them — many different items can be included under this label, including:. Send us feedback. Need even more definitions? Get Word of the Day daily !

Some of this information includes details like executors of a will, information, passwords for bills, profiles, and other websites related to assets.

Examples of assets

The value of people's personal assets can be higher than they expect. She is an asset to the class. Home Examples Examples of Assets. Personal assets are also the bedrock of the formula for net worth for consumers.

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When talking about personal finance, an individual's wealth can be measured in terms of the total value of the property and cash they own. If you need help with personal assets, you can post your legal needs on UpCounsel's marketplace. NFTs and the surge of digital ownership. Corporations have long lists of assets including companies and brand names which are owned by the corporation. Cash on hand is also considered an asset. Can you spell these 10 commonly misspelled words?

Personal assets: everything you need to know

Including personal information that is unique to each asset helps to link the assets to you in the documentation. Speaking of flowers and bicycles and wares. Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

Real estate, such as homes, land, or other buildings, are other common personal assets for people. When individuals go to a bank or other institution to apply for loans, such personal assets and their values are often considered. How well have you been paying attention this month?

We're intent on clearing it up 'Nip it in the butt' or 'Nip it in the bud'? Keep scrolling for more. Love words? Model house on a stack of dollar bills as examples of assets. Examples of asset in a Sentence The state's natural assets include mountains and beautiful lakes. Kids Definition of asset. Recent Examples on the Web But that ignores the long-term opportunity and the scarcity of the asset in question. Is Singular 'They' a Better Choice?

Cheetos Snacks Baked! Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb. How to use a word that literally drives some pe Test Your Vocabulary. We're intent on clearing it up. Ruffles Potato Chips Baked! Do you 'gild' the lily or 'paint' it?

They have value because they represent an advantage to a business or organization. The most important way to keep your assets safe is to prepare for an emergency. Please tell us where you read or heard it including the quote, if possible.

Intangible Assets Intangible assets are non-physical, meaning they cannot be touched. Personal assets can also be any other thing with cash value.

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Nglish: Translation of asset for Spanish Speakers. Investments like shares of stock and other financial investments are also considered assets. It is also true that these assets can prove to be a liability if they are not well taken care of or managed.

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We're gonna stop you right there. What made you want to look up asset? In a lawsuit, personal assets may be used to settle debts or liabilities related to a business. Note: Marital assets are generally subject to equitable distribution on divorce. Personal assets are also sometimes able to create income for their owners.

UpCounsel accepts only the top 5 percent of lawyers to its site. Assets are persons or things that can produce value. Intangible assets are non-physical, meaning they cannot be touched. They can be assets owned by the person or assets related to the person's personal characteristics. Personal Assets Personal assets might be tangible or intangible. Synonyms for asset Synonyms agentemissaryintelligencermoleoperativespookspyundercover Visit the Thesaurus for More. There are many personal assets that are material and easy to measure.

Money saved in a bank is typically better than cash on hand. Show Comments Hide Comments.

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Cars, jewelry, electronics, and antiques are some examples of personal assets. Assets that have a value that cannot be easily accessed are also included in the personal assets category. A Shakespearean comedy of errors.

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Other items of value that would be included in a list of personal assets cover such items as:. To keep your property safe, you should keep or scan as many receipts as possible, especially on high-ticket items.

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Creating a legal entity is the best way to protect your personal assets. Post a comment. Personal assets are items of value that belong to an individual.

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