Financial assets

Financial assets

Claims on real assets.

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.
References in periodicals archive ?
At the end of the first quarter of 2019, the financial assets of households in Germany stood at 6,170billion.
This improvement stemmed primarily from the 4.1-percent increase in the country's total external financial assets (or investments of residents abroad) from $175.6 billion to $182.8 billion, which compensated for the marginal growth of 0.3 percent in total external financial liabilities (or investments of nonresidents in the Philippines) from $224.4 billion to $225 billion.
The Philippines' net external liability declined to $42.2 billion as of end-March from $48.8 billion in the previous quarter because of the rise in financial assets, the Bangko Sentral ng Pilipinas (BSP) reported.
The updated standard, issued in 2016, introduced the current expected credit losses (CECL) method for measuring credit losses on financial assets measured at amortized cost.
The new standard is structured to encompass the pillars of classification, measurement of financial assets and impairment and was applied retrospectively by Itau Unibanco Holding.
figure By PATRICK ALUSHULA Banks, insurers and telecommunications firms could soon be required to conduct a separate audit report on unclaimed financial assets as the government moves to boost compliance.The National Treasury has published a draft Unclaimed Financial Assets (UFA) policy which it says will raise the bar of reporting requirements with regard to abandoned assets such as bank deposits.
The higher net external liability position reflected the $7.1 billion (3.6 percent) expansion in the country's total external financial liabilities to a record $205.3 billion, offsetting the marginal increment of $1.2 billion (0.7 percent) in the total external financial assets, which registered $170.9 billion in end-September 2018.
Under the new circular, specific guidelines on the classification and measurement, and impairment of financial assets under the administration of trust entities were provided, taking into consideration the peculiarity of the trust operations.
Financial assets of households were at the end of June 2018 e1/445.5 bln, 64% of which was cash and deposits, 2% securities, 20% shares and 14% other financial assets.
Bulgarians have greater financial assets than Slovaks, Russians, Romanians, Turks and Serbs.
However, Fitch expects net leverage to remain above 6.0x unless management completes its in planned disposal of certain financial assets and long-term equity investments.
The government is working on a national policy that could see all holders of unclaimed financial assets submit them to the Unclaimed Financial Assets Authority (UFAA).

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