The term COMMON ASSET can be summarized as a shared resource or possession that is owned by multiple people. It is an ASSET that is held in COMMON, meaning that it is not owned by any one individual. Examples of COMMON assets include public parks, roads, and other infrastructure. The crossword solution for this term is SENSE, which can refer to the ability to perceive or understand something. In this context, it could refer to the shared understanding of the value of a COMMON ASSET.