ASSET

noun see: at Date: 1531 1. plural the property of a deceased person subject by law to the payment of his or her debts and legacies, the entire property of a person, association, corporation, or estate applicable or subject to the payment of debts, advantage , resource , 3. an item of value owned, the items on a balance sheet showing the book value of property owned, something useful in an effort to foil or defeat an enemy: as, a piece of military equipment, spy