Crossword Genius

Item of value (5)

Ross

I believe the answer is:

asset

'item of value' is the definition.
(an asset is something valuable or advantageous)

This is all the clue.

(Other definitions for asset that I've seen before include "- - -stripper" , "Item conferring advantage" , "Anything of value" , "Valuable item" , "Valuable thing" .)

I've seen this clue in the King Feature Syndicate, The Chronicle of Higher Education, the Newsday.com, The Guardian, the USA Today, The Star Tribune and The Wall Street Journal.
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