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Today's word

Today's word: Asset (Asset) An asset refers to any valuable thing that is owned by an individual, business, or country, and that can provide financial benefits over time. In financial terms, assets may include cash, property, shares, or machinery. Assets indicate the financial health of any person or entity, and businesses estimate their net worth by listing assets on their balance sheet. For example, homes, cars, land, or intellectual rights such as patents and trademarks are also called assets. In the world of crypto, digital currencies like Bitcoin are also considered assets. Proper management of assets helps in increasing wealth, financial security, and achieving long-term goals. Assets reflect your financial strength and future potential.

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