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Financial Asset

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Financial Asset
A non-physical asset. Examples of financial assets include bank accounts and shares in a publicly-traded company. Financial assets are distinguished from physical assets like real estate and personal property. In general, when one speaks of "investing" and the "market," one is referring to financial assets, though both those terms may include non-financial assets like corn or wheat.

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.


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IAS 32 defines a financial instrument as any contract that gives rise to both a financial asset of one enterprise and a financial liability or equity instrument of another enterprise.
17 Kyodo The outstanding balance of financial assets held by Japanese households as of the end of June fell 3.
The Office for National Statistics (ONS) report, which adds up the value of buildings, roads and financial assets among other things, said the UK was worth pounds 6.
 
 
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