Mediation Asset is a job title that involves the use of TACT in order to resolve disputes between two or more parties. It requires the ability to listen to both sides of an argument and come up with a solution that is beneficial to all involved. The job also requires the ability to remain impartial and unbiased while mediating. The term TACT, which is a four letter word, is an acronym for 'Tactful, Accurate, Compassionate, and Thorough'. This term is used to describe the qualities necessary for a successful Mediation Asset.