There are more complicated arrangements, which involve trading one type of asset for another, called 'swaps.
Bank reserves are a liability of the Fed and an asset for the banks.
"The centre will be a great cultural and economic asset for Ipswich, " he said.
"Jim is certainly a great asset for the club, " he told the club website.
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She also thinks Marine Le Pen could be an important asset for the party.
"We have acquired an asset for our organization, " Islanders general manager Garth Snow said of Thomas.
Not only was he clever, he was a good-looker, always an asset for a leader.
This would reduce borrowing costs for troubled countries and create a safe asset for banks to hold.
With later shop opening and places to eat, Princes St will be an even greater asset for Edinburgh.
So we used this zero-book-value asset for financing based on the value of the library for TV syndication.
"We believe this is the perfect asset for Chesapeake to enter the rebounding New Orleans marketplace, " he said.
The public debt is a liability for the government but it is an asset for the private sector.
Rather, it means that an appreciation for the methods of science is a useful asset for a responsible citizenry.
Alliances are an essential strategic asset for the United States around the world.
What is debt to Washington is a financial asset for you and me.
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Pierre was brought up fluent in both English and French, a big asset for a politician in bilingual Canada.
Admittedly, no tourist will pay to fly to Houston just to relax but this is an asset for residents.
Finally, asset turnover for the most recent fiscal year is greater than asset turnover for the previous fiscal year.
By extension, just as every debt is a liability for the borrower, it is an asset for the creditor.
Eventually it will make a nice asset for a sovereign-wealth fund or Middle East nation worried about its food supply.
"PeopleSoft is still clearly an attractive asset for Oracle (nasdaq: ORCL - news - people ), " it said.
Such resources do, however, offer an asset for building relations, for example, with India, as the worldwide contest for energy accelerates.
They can also fill the role of a less-correlated asset for investors with more traditional positions in equities and fixed income.
Rising home prices should help buoy consumer confidence and the broader economy because houses represent the largest financial asset for many Americans.
That would change Mr. Pettitte's role in the trial from that of a key prosecution witness to an asset for the defense.
The wealth of data and case studies are a valuable asset for those who want to help local food economies grow.
They have a newsroom that obviously is a great asset for us.
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Bonds have always been thought of as the safe asset for investors.
Sleaford town clerk Shelagh McIntyre said the playing fields at the centre of the development row were an important asset for the town.
So Turkish strength, in terms of hard power, of soft power, in terms of economic relations, is an asset for any American administration.
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