The Enterprise and Economic Development Glossary a resource of the .network library

asset:

... something owned that can be converted to capital; a possession that has value in an exchange. See the definition of asset provided by InvestorWords.com.

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The Enterprise and Economic Development Glossary a resource of the .network library

asset management:

... the administration of one or more assets in order to maximize return to its owner(s). An asset manager within an enterprise oversees something that can be converted to money, for example real estate (see corporate real estate executive).

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FYI: definition of asset, what is an asset, what are assets, definition of asset management, what is an asset manager, what is a business asset, what is an industrial asset