Would you tell me whether I am right about my interpretation of the expressions in bold in the following sentences?
Tom is a great asset to the basketball team because he's got such long arms.
asset = advantage
The high character which the corps has won is in itself a valuable asset.
asset = resource
Thanks for your efforts.
In the first, he sounds like a resource too rather than an advantage. You could say that having long arms is an advantage (over people with short arms), but in this sentence, I can't see where the comparison is to have the advantage.