meaning of asset

1. Any article or separable part of ones assets.
2. ASSET Asset Source for Software Engineering Technology asset management The process whereby a large organisation collects and maintains a comprehensive list of the items it owns such as hardware and software. This data is used in connection with the financial aspects of ownership such as calculating the total cost of ownership, depreciation, licensing, maintenance, and insurance.
3. a useful or valuable quality

Related Words

asset | asset source for software engineering technology | assets |

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