ˈæset n. 1 a a
useful or
valuable quality. b a
person or
thing possessing
such a quality or qualities (is an asset to
the firm). 2 (usu. in pl.) a
property and possessions,
esp. regarded as having
value in
meeting debts, commitments, etc. b
any possession having value. øasset-stripping
Commerce the
practice of
taking over a
company and selling
off its assets to
make a
profit. [assets (taken as pl.), f. AF asetz f. OF asez
enough, ult. f. L ad to + satis enough]