Username: PrettyWoman Rating: Asked to: Talitha Taslim Date Created: 02 Jun 2015 |
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Category | 46 |
Tag | Forex |
Question | What is an asset? |
Hello Pretty Woman, An asset is anything of value that can be converted into cash. Assets are owned by individuals, businesses and governments. Examples of assets include: *Cash and cash equivalents – certificates of deposit, checking and savings accounts, money market accounts, physical cash, Treasury bills; *Real property – land and any structure that is permanently attached to it; *Personal property – everything that you own that is not real property such as boats, collectibles, household furnishings, jewelry, vehicles; *Investments – annuities, bonds, cash value of life insurance policies, mutual funds, pensions, retirement plans (IRA, 401(k), 403(b), etc.,) stocks and other investments. |
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