#assets An asset is anything of value owned by an individual or organization. Assets can be **tangible**, like cash, real estate, and equipment, or **intangible**, such as patents, trademarks, and goodwill. Businesses classify assets into **current assets** (cash, inventory) and **fixed assets** (buildings, machinery).

Assets play a crucial role in financial stability, helping individuals and companies generate income or secure loans. Their value can appreciate over time, making them essential for long-term wealth building.

Proper asset management involves diversification and risk assessment to maximize returns. Whether personal or corporate, assets contribute to financial growth, stability, and investment opportunities. Understanding liquidity and marketability is key to making informed financial decisions.