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Sarcastic slang term used to refer to a particularly ineffective/incompetent female firefighter. Assets are often protected and given false praise because no chief or administrator has the balls to terminate a female who can't do the job.

After years of being sheltered from reality and held to a lower standard than their male couterparts, the assets will often believe the bullshit said about them and develop a false sense of worth. At that point you're stuck with them forever.
The chief told the newspaper that Kathy is a valued asset to the department. What a bunch of bullshit, the stupid twat finds a new way to fuck up at every fire.
by IsThisNameBeingUsed August 27, 2010
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Sep 6 Word of the Day
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Damn that was a steezy ass kickflip son!
by niggaliciouszor April 29, 2007
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A person's body, as in boobs, butt, hips, etc.
Damn, that girl has some nice assets!
by Allie March 21, 2005
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Having a nice set of boobs and a nice ass. This definition is derived from splitting apart the word "asset" to get "ass" and "set".
Dave: "Your sister has nice assets!"
Tim: "Yeah she's going to have back problems one day."
Dave: "And when she falls on her ass, she just bounces back up!"
Tim: "Easy now..."
by M-Sizzle Brindizzle December 29, 2008
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1. Anything owned or is owed to a person, business, company, or group.

2. a CIA assassin
1. a building, car, or money are all examples of assets.
2. an asset was sent to kill john the other day.
by 3242935234 January 27, 2008
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6
when your ass is your best attribute, this could also happen by default if your chest is as flat as a wall
erika is very flat but has a large asset so its all good.
by tman March 30, 2005
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