An asset is a resource that has economic value, either physical or non-physical. Assets include items such as cash, bank accounts, investments, inventory, equipment, buildings, and intangible assets such as goodwill and intellectual property. Assets are recorded in the balance sheet as a way to measure and evaluate the overall financial health of a business. #### Banking Considerations [[Loan | Loans]] to [[Borrower | borrowers]] are an asset on a bank's financial statement.