An asset is something of value that an entity owns, benefits from, or has use of in generating income.

*http://www.businessdictionary.com/definition/asset.html

An organization’s assets differ depending on its core business. Assets can range in size and purpose from a 1,000-mile-long pipeline, to an office building, to a laptop on someone’s desk. Knowing what assets your organization holds and how to track them is essential for making informed decisions on how you manage and maintain these assets.