Remove lead from hound that's worth having (5)

I believe the answer is:

asset

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'that's worth having' is the definition.
(an asset is something valuable or useful)

I can't explain the rest of the clue.

Can you help me to learn more?

(Other definitions for asset that I've seen before include "Holding" , "Item of property" , "A possession of some value" , "Someone or something of value" , "- - -stripper" .)

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