Financial Asset
/ˈfaɪnænʃəl ˈæsɛt/
Definitions
- (n.) Any asset that derives value from a contractual claim, including stocks, bonds, and bank deposits.
The company reported an increase in its financial assets this quarter.
Forms
- financial asset
- financial assets
Related terms
See also
Commentary
Financial assets are distinguished from tangible assets and typically involve rights to receive cash or ownership interests rather than physical possession.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.