a common asset

USAGE SUMMARY

The phrase "a common asset" is correct and usable in written English.
It can be used to refer to a resource or item that is shared among a group of people or entities. Example: "In our community, the park is considered a common asset that everyone can enjoy."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

In a democratic society, government is as much a "common asset" as the oil under the tundra.

The New Yorker

Andhra Pradesh: The Hindu reports that an increasing number of wealthy households in the state's capital of Hyderabad now have a common asset — the Punganur dwarf cow.

The New York Times

I may not be Karl the Marxist (whoever that is), but even I can easily see the distinction (which evades Mr. Hertzberg) between sharing the proceeds of a common asset, like a state's mineral rights, and spreading the wealth by confiscating (i.e., taxing) part of what some individuals have produced and giving it to others.

The New Yorker

Since we can regard people's natural talents as a matter of luck, it is appropriate, Rawls thinks, to regard their distribution as a "common asset and to share in the benefits of this distribution whatever it turns out to be".

SEP

Following the outpouring of solidarity in the wake of the attacks, the magazine has become a "common asset," shared by all those who defend its values, they wrote.

Vice

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

Wolf expertly traces the magazine's heavily hyped ascendancy, though, sadly, most readers will know all along that the magazine Rossetto saw as a Trojan horse for revolution was eventually sold in 1998 to a corporation (Condé Nast) like any common asset.

The New York Times - Books

This plan would exclude Greece, Ireland and Portugal while they are receiving rescue finance, but it would take the heat off Italy and Spain and provide their banks with a safe common asset.

The Economist

To avoid the politics of taxation, [64] in fact consider the creation of a basic income from some common asset among advanced economies, but concede that this would likely not yield enough revenue.

Energy Transitions

Government debt is the most common asset banks use as a collateral to obtain loans in the so-called repo market, which is another crucial source of financing.

The New York Times

And any move towards such Eurobonds must balance the need for a common safe asset for all with the dangers of moral hazard.

The Economist

As defined by Putnam, social capital refers to "the features of social organization, such as networks, norms, and trust that facilitate coordination and cooperation for mutual benefit [ 10]." Common to the communitarian approach is a vision of social capital as a common collective asset or public good equally available to all members of a group or community.

BMC Public Health

Expert writing Tips

Best practice

When using "a common asset", ensure the context clearly defines who the sharing parties are and what benefits they derive from the asset. For example, specify the community, organization, or group that shares ownership or access.

Common error

Avoid using "a common asset" without clarifying who shares the asset. Be specific about the group or entity that benefits, to prevent ambiguity about rights and responsibilities.

Linguistic Context

The phrase "a common asset" functions as a noun phrase, typically used as a subject complement or object in a sentence. It identifies something that is jointly owned or accessible, as shown in Ludwig's examples.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Science

40%

Academia

20%

Less common in

Formal & Business

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "a common asset" is a grammatically sound noun phrase that refers to something shared among a group. Ludwig AI confirms its correctness and usability. While not overly frequent, it appears in a range of contexts, from News & Media to Science and Academia, indicating its versatility and general acceptance. When employing this phrase, be specific about the group involved to avoid ambiguity. Related phrases like ""shared resource"" or ""collective property"" can offer alternative ways to express similar meanings, depending on the nuances you wish to emphasize.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Jointly owned asset

Explicitly states the asset is owned by multiple parties.

Shared resource

Focuses on the aspect of resource sharing among a group.

Collective property

Emphasizes joint ownership and the communal nature of the asset.

Public good

Highlights the benefit the asset provides to the general public.

Communal resource

Stresses the resource's availability and use within a community.

Joint holding

Implies a formal agreement or understanding of shared ownership.

Mutual possession

Focuses on the reciprocal aspect of owning something together.

Shared heritage

Highlights the asset as part of a shared cultural or historical legacy.

Community endowment

Suggests the asset serves as a long-term benefit to the community.

Common wealth

Emphasizes the economic value and shared prosperity derived from the asset.

FAQs

How can I use "a common asset" in a sentence?

You can use "a common asset" to describe resources or properties that are shared by a group. For example, "The local park is "a common asset" for all residents."

What are some alternatives to "a common asset"?

Alternatives include "shared resource", "collective property", or "public good", depending on the specific nuance you want to convey.

Is it correct to say "the common asset" instead of "a common asset"?

While "a common asset" refers to one instance of a shared resource, "the common asset" implies there is one specific asset known to all parties involved. The choice depends on the context.

What is the difference between "a common asset" and "a shared resource"?

While similar, ""a common asset"" often implies ownership or responsibility, whereas "a shared resource" simply indicates that multiple parties have access or use. The terms are often interchangeable.