Asset

Asset

Definition

An asset is anything of value or a resource of value that can be converted into cash.

Personal assets are things of present or future value owned by an individual or
household. Common examples of personal assets include:

  • Cash and cash equivalents, certificates of deposit, checking, and savings
    accounts, money market accounts, physical cash
  • Property or land and any structure that is permanently attached to it
  • Personal property—collectibles, household furnishings, jewelry, vehicles
  • Investments—annuities, bonds, the cash value of life insurance policies, mutual
    funds, pensions, retirement plans, shares

Information source: Investopedia

https://www.investopedia.com/ask/answers/12/what-is-an-asset.asp