significant asset

USAGE SUMMARY

The phrase "significant asset" is correct and usable in written English.
It can be used to describe an important or valuable resource, whether in a financial, personal, or organizational context. Example: "The company's research and development team is considered a significant asset to its innovation strategy."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

52 human-written examples

Root believes, if selected, Broad will be a significant asset.

The Guardian - Sport

"Her experience, ability and enthusiasm will make her an immediate and significant asset".

The New York Times

"He is a friend and he is a significant asset for us".

The New York Times - Sports

"We consider that it represents an opportunity to acquire a significant asset at a fair price.

The Guardian

Flemenstar's slick jumping had been a significant asset and the trainer is expecting improvement in that department.

The Guardian - Sport

The bank told the US securities and exchange commission it did not expect "significant asset growth in the foreseeable future".

The Guardian - Business

Mr. Coe noted that a dozen Daewoo affiliates had been in court-ordered debt workout programs for more than a year without any significant asset sales.

The New York Times

She added that taking out a home reversion plan was "a huge financial decision involving the most important, and sometimes only significant, asset of elderly people.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

3 human-written examples

Unlike some of its larger peers in the brokerage industry, though, Lehman Brothers has no significant asset-management division within the bank.

The New York Times

Asian banks generally have not invested significant assets in American mortgage-backed securities.

The New York Times

Atlantic Philanthropic Services is a for-profit corporation, but it has no significant assets.

The New York Times

Expert writing Tips

Best practice

When highlighting the value of something intangible like knowledge or skills, use "significant asset" to underscore its importance to an organization's success. For example, "The team's expertise in data analysis is a "significant asset" for the company".

Common error

Avoid using "significant asset" in casual conversation or informal writing. This phrase carries a level of formality that may sound out of place in relaxed settings. Consider using simpler alternatives like "big help" or "major advantage" in such situations.

Linguistic Context

The phrase "significant asset" functions as a noun phrase, where "significant" modifies the noun "asset". It typically acts as a subject complement or object complement in a sentence, identifying or describing something of considerable value or importance. As Ludwig AI confirms, the phrase is well-established and widely used.

Expression frequency: Very common

Frequent in

News & Media

54%

Science

20%

Formal & Business

10%

Less common in

Encyclopedias

3%

Wiki

3%

Reference

0%

Ludwig's WRAP-UP

In summary, "significant asset" is a commonly used and grammatically sound phrase that serves to highlight the substantial value or importance of something. As Ludwig AI confirms, this phrase is widely accepted and used across various domains. Its prevalence in authoritative sources like The New York Times and The Guardian underscores its reliability. While versatile, it is best suited for professional, neutral, or formal contexts, and it offers several alternatives such as "valuable resource" and "key advantage". When considering its use, ensure that the level of formality aligns with the intended audience and purpose.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

valuable resource

Replaces "asset" with "resource", focusing on the utility and availability of something beneficial.

key advantage

Emphasizes the competitive edge provided by the asset, changing the focus from intrinsic value to strategic benefit.

major benefit

Highlights the positive outcome or gain derived from the asset, simplifying the phrase while retaining the core meaning.

considerable advantage

Synonymous to "significant asset" however changes the noun and its adjective.

noteworthy strength

Shifts the emphasis to the inherent power or capability of the asset, portraying it as a source of resilience.

important attribute

Describes the asset as a crucial characteristic or quality, suitable for contexts where specific features matter.

strategic advantage

Focuses on how an asset helps achieve a strategic goal.

vital component

Highlights the essential role of the asset in a larger system or process, emphasizing its indispensability.

critical resource

Emphasizes the urgency and necessity of the asset, conveying a sense of reliance and dependence.

invaluable contribution

Expresses the asset's worth in terms of its positive impact and the difficulty of replacing it.

FAQs

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

You can use "significant asset" to describe something that is valuable or beneficial. For example, "Her experience is a "significant asset" to the team" or "The company views its intellectual property as a "significant asset"".

What are some alternatives to "significant asset"?

Depending on the context, you can use alternatives such as "valuable resource", "key advantage", or "major benefit".

Is "significant asset" a formal phrase?

Yes, "significant asset" is generally considered a formal phrase suitable for business, academic, or professional contexts. In more casual settings, simpler alternatives might be more appropriate.

How does "significant asset" differ from "valuable resource"?

While both phrases denote importance, "significant asset" often implies a more strategic or long-term value, whereas "valuable resource" can refer to something immediately useful. They are often interchangeable but "significant asset" might be more suited when discussing an entity's overall strengths or capabilities.