Oct 15, 2025 · Assets are anything of value that an individual, a business enterprise, or another entity owns. Different types of assets are treated differently for tax and accounting purposes.

Assets can be divided into current and non-current (a.k.a. fixed or long-lived). Current assets are generally subclassified as cash and cash equivalents, receivables, inventory, and accruals …

Feb 27, 2023 · The U.S. Securities and Exchange Commission says that assets are “any tangible or intangible item that has value in an exchange.” Simply put, assets are things people or …

Jul 7, 2025 · An asset is expected to yield a benefit in a future period. In a business, assets are aggregated into different line items on the balance sheet.

Sep 10, 2024 · There are four main types of assets: liquid, illiquid, tangible, and intangible. Knowing what your assets are and their value is the first step in calculating your net worth.

5 days ago · Learn what an asset is, how it differs from income and debt, and why assets matter for long term net worth decisions.

Dec 16, 2025 · Explore assets by learning what they are, their major types, how you can classify them and different ways you can calculate how much they're worth.