In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Dutch subsea and seismic specialist Fugro has sealed an agreement with PXGEO Seismic Services (PXGEO), a firm founded by Polarcus founder Peter Zickerman, to sell certain assets and the related business of subsidiary Seabed Geosolutions ... The sale includes Seabed’s ocean bottom ...
The deep seas are vast expanses of water and seabed hidden more than 200 metres below the surface of the ocean to depths of up to 11,000 metres ... “The deep seas and seabed are increasingly being used by society and they are seen as a potential future asset for the resources they possess ... .
The deep seas—vast expanses of water and seabed hidden more than 200 meters below the ocean surface to depths up to 11,000 meters—are recognized globally as an important frontier of science and discovery ... "The deep seas and seabed are increasingly being used by society, and they are seen as a potential future asset for the resources they possess ... Dr.