asset appreciation

Asset appreciation occurs when the value of an asset, such as property, stocks, or other investments, increases over time. This rise in value can result from factors like market demand, economic growth, or improvements to the asset itself. When an asset appreciates, its owner benefits by potentially selling it for a higher price than what was originally paid, generating a profit. Appreciation is a key concept in investing and wealth building, as it reflects the growth in the worth of assets, contributing to overall financial gains.