In financial accounting, an asset is an economic resource. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). Simply put, "an asset is something that puts money in your pocket".
Formal kimono with design of autumnal red persimmons Paste-resist dyeing (Yuzen) and gold leaf imprint on dark blue silk crepe (chirimen), Created in 1936 by Tameji Ueno, holder of an 'Important Intangible Cultural Asset'. Ueno's avant-garde influences are reflected both in his choice of subject matter, as persimmons had not previously been used, and his use of techniques learned from his study of oil painting.
Guimeori-yeon - Korean Traditional Kite made by cultural intangible asset in Busan Korea Home Decor Flying Kite Art wall hanging by Allrightway on Etsy https://www.etsy.com/listing/210783617/guimeori-yeon-korean-traditional-kite
Formal kimono with design of chrysanthemums and fowlsDivided dyeing (somewake) on plain-weave silk (habutae), Created in 1935 by Uzan Kimura, holder of an "Important Intangible Cultural Asset". This work was produced in Kimura's prime, and is very rich in individuality and artistic merit.
Usually people associated asset to something that can feel and touch like a house...But do you know Mobile App is also an asset, an intangible asset which you could not touch or feel but you can sell it to make money....Popular mobile app like angry birds and candy crush worth from million to billion dollars... #appstore #mobileapp #gamesapp #googleplaystore #applestore #android #ios #amp #associatemarketingprogram #smartphone #mobiledevice