difine the term asset
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Answer:
an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
"growth in net assets"
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Answer:
An asset is a resource with economic value
Explanation:
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.
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