Asset
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Contents
Definition
Asset is Something possessed by an organization from which future benefits can be drawn
Description
ISO 5000 defines assets as follows: "An asset is an item, thing or entity that has potential or actual value to an organization". This is deliberately wider than physical assets but these form an important focus for more organizations, i.e. assets include both tangible and intangible assets, see Fig 1.
Intangible asset
Asset management
References
[1] ISO 5000
