Asset – Valuable things; an item of property
(Pronounced ass-et)
To remember the definition of the word asset, use the following mnemonic:
An ass sat (asset) on all my valuable things.
Examples of asset in a sentence
When my father died I inherited his only asset, a painting worth ten million dollars.
The state's natural assets include mountains and beautiful lakes.
A company's assets can consist of cash, investments and specialist knowledge.
