An "asset" refers to something valuable or beneficial that a person or organization owns. It could be property, possessions, money, or even skills and capabilities that contribute to their overall worth or success. Full definition
Common examples of assets of this type are savings bonds, annuities, IRAs and other tax - favored retirement plan accounts such as 401 (k) accounts. (turbotax.intuit.com)
You read that right, there was net decline in assets in mutual funds. (etfbase.com)
The right mix of asset classes in a portfolio is a key factor in whether or not you meet your financial goals. (portfoliosolutions.com)