An asset is something valuable or useful that is owned by an individual, organization, or entity. It can include physical possessions, such as property or equipment, as well as intangible items like stocks or intellectual property. Assets are typically considered to have a positive value and contribute to the overall worth or financial strength of a person or entity.
Note: The provided meaning of the answer is for the latest New York Times crossword puzzle clue: Flexibility, for a dancer. Explanations are generated by AI and may be inaccurate.