Something valuable (such as money, jewels, gold, or silver) that is hidden or kept in a safe place. : something that is very special, important, or valuable. : a person who is greatly loved or valued especially because of being very helpful.
An asset sale occurs when a company sells some or all of its actual assets, either tangible or intangible. In an asset sale, the seller retains legal ownership of the company but has no further recourse to the sold assets.