The crossword solution for the term 'ITEM IN THE PLUS COLUMN' is 'ASSET'. An ASSET is a resource that has economic value and can be owned or controlled to produce positive value. Assets are divided into two main categories: tangible assets, such as land, buildings, and equipment; and intangible assets, such as intellectual property, goodwill, and financial instruments. Assets can also be classified as current assets, which are expected to be converted to cash within one year, and long-term assets, which are held for more than one year.