ASSETS

Something or someone of any value; any portion of one's property or effects so considered.

"These shares are a valuable asset."

Any component, model, process or framework of value that can be leveraged or reused.

An intelligence asset.

Any property or object of value that one possesses, usually considered as applicable to the payment of one's debts.

"His assets are much greater than his liabilities."

The left side of a balance sheet.

"The assets must equal liabilities, otherwise there is an error in your balance sheet."

Sufficient estate; property sufficient in the hands of an executor or heir to pay the debts or legacies of the testator or ancestor to satisfy claims against it.