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The phrase "asset against" is correct and usable in written English.
It can be used in financial or legal contexts to indicate a resource or collateral that serves as protection or security against a liability or risk.
Example: "The company has set aside a significant amount of cash as an asset against potential future losses."
Alternatives: "collateral for" or "security against".
Exact(13)
Government bonds are used as a broadly risk-free asset against which other financial instruments are priced (see article).
Her serve, often a liability last year because of a right shoulder problem, was an asset against Davenport.
Once a stock position is collared, it becomes a (relatively) fixed asset against which investment banks are willing to lend money.
(Even if he were healthy, he might give away too much on defense to be a huge asset against the LeBron spread offense of the Cavs).
The Armenian has just been injured on international duty so United will need to check his fitness, and though his direct running could be an asset against City, Mata's cleverness has proved useful in the past.
"A lot of the stuff he has touched on in his book, the bullying stuff, you experienced playing against them and you knew you could use it as an asset against them".
Similar(45)
Regulators require big banks to hold especially high amounts of liquid assets against uninsured deposits.
In 1927 he went into bankruptcy, with $5,000 in assets against $1 million in liabilities.
In amortization, a business writes off, as a loss, the cost of buying assets against profits.
These companies are also endowed with large networks of physical assets against which large amounts of debt can be raised.
The state has also nationalised two mortgage lenders and is proposing to insure banks' toxic assets against catastrophic losses.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com