
An
asset is anything, which you own and which is valuable, whether it is tangible
or intangible. Assets are said to have positive economic value. Simply put an
asset is something that is worth money and which a person can exchange for
money.
Examples
of tangible assets, that is assets we can see and touch, are cash, goods or
inventory, land, buildings and equipment. Examples of intangible assets, that
is, assets which we cannot see or touch,...