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English word

asset

B2Frequent NGSL-2

UK /ˈæset/US /ˈæset/

noun

a person or thing that is valuable or useful to somebody/something

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Sentence 139 · Pro

Joe Tsai Co-founder & Chair of Alibaba | In Good Company | Norges Bank Investment Management

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And when people's assets—a lot of their wealth—is tied up in real estate and this sort of downturn happens, they don't feel as wealthy—and they want to save.

Joe Tsai Co-founder & Chair of Alibaba

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