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financial asset

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
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.

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

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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? Mentioned in ? References in periodicals archive
 
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