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financial asset

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Financial Dictionary

Financial Asset

An asset that derives value because of a contractual claim. Stocks, bonds, bank deposits, and the like are all examples of financial assets.

Investopedia Commentary

Unlike land and property--which are tangible, physical assets--financial assets do not necessarily have physical worth.

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See also: Asset, Intangible Asset, Net Liquid Assets, Non-Financial Asset, Tangible Asset

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Financial Dictionary

financial asset

A financial claim on an asset that is usually documented by some type of legal representation. Examples include bonds and shares of stock but not tangible assets such as real estate or gold.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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