Question Details

	Username: Fluffy Rating: Asked to: Tom Burke Date Created: 16 Aug 2017
Category	17
Tag	Financial
Question	What is a 'Financial Asset'?

Advice from Guru

Hello Fluffy,

A financial asset is a tangible liquid asset that derives value because of a contractual claim of what it represents. Stocks, bonds, bank deposits and the like are all examples of financial assets. Unlike land, property, commodities or other tangible physical assets, financial assets do not necessarily have physical worth.

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