Usually means: Optimizing value of owned resources.
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We found 16 dictionaries that define the word asset management:

General (7 matching dictionaries)
  1. asset management: Collins English Dictionary
  2. asset-management: Wordnik
  3. asset management: Cambridge Advanced Learner's Dictionary
  4. asset management: Wiktionary
  5. asset management: Dictionary.com
  6. Asset Management, Asset management: Wikipedia, the Free Encyclopedia
  7. asset management: Longman Dictionary of Contemporary English

Business (6 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Asset Management: Management Dictionary
  4. Asset Management: Investopedia
  5. asset management: Financial dictionary
  6. BusinessDictionary.com (No longer online)

Computing (2 matching dictionaries)
  1. asset management: Free On-line Dictionary of Computing
  2. asset management: Encyclopedia

Medicine (1 matching dictionary)
  1. online medical dictionary (No longer online)

Definitions from Wiktionary (asset management)

noun:  (business) The process of managing, monitoring and maintaining the value of a commercial entity.

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