16 de junio de 2025

Business English Dictionary: Assets

Business English Dictionary: Assets

RRHH Digital It refers to any valuable item that is owned by an individual or corporation and has money value. An asset can be for example something physical such as: cash, inventory, equipment, real estate, a car and other property, or a right such as: trademarks, copyright, patent, etc.

In accounting, it refers to the entries on a balance sheet showing all properties (tangible and intangible) according to the ease with which they can be converted into cash, equal to the sum of liabilities, common stock, preferred stock and retained earnings.

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