Which term describes assets that have value and are used to generate revenue for a business?

The term that describes assets that have value and are used to generate revenue for a business is capital. In a business context, capital refers to financial assets or physical assets, such as machinery, buildings, and equipment, that a company utilizes to produce goods or services. This capital is essential for the operation and growth of the business, as it directly contributes to the revenue-generating activities.

Capital encompasses both tangible assets, like manufacturing equipment, and intangible assets, such as patents or trademarks, that also hold value and can contribute to revenue. By effectively utilizing capital, businesses can optimize their production processes and increase income.

In contrast, liabilities represent the obligations or debts of the business, expenditures refer to the costs incurred during operations, and resources is a broader term that may include various types of assets or inputs needed to produce goods or services but doesn't specifically emphasize their revenue-generating potential. Thus, capital is the most precise term that captures the essence of valuable assets utilized for generating revenue.