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What is afinancial asset?

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Anonymous

8y ago
Updated: 8/21/2019

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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Wiki User

8y ago

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