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A fictitious asset is one that doesn't have a resale value. A prepayment, such as a gift card balance, is a fictitious asset.

Q: Fictitious asset and its advantage?

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A fictitious asset is one that doesn't have a resale value. A prepayment, such as a gift card balance, is a fictitious asset.

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The correct spelling is fictitious.

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A fictitious asset is a claimed asset that does not actually exist. It is considered fraud to claim a fictitious asset.

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I can confidently inform you that there are no fictitious monsters around. I know this because they are fictitious, and fictitious things are exceedingly rare in reality.

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