A thing or quality that has value, especially one that generates cash flows.
My assets consist of stocks in companies that pay a dividend, and a few apartments that pay me rental income.
January 31 2020, Boris Johnson, Brexit Day speech
And when I look at this country’s incredible assets. Our scientists, our engineers, our world-leading universities, our armed forces. When I look at the potential of this country waiting to be unleashed, I know that we can turn this opportunity into a stunning success.
(software) Any component, model, process or framework of value that can be leveraged or reused.
(espionage) An intelligence asset.
(slang, usually in the plural) A woman's breasts or buttocks or a man's genitalia.