Financial Asset

Financial assets are in-between the Real Asset and Intangible Asset
Financial assets may seem intangible—non-physical—with only the stated value on a piece of paper such as a dollar bill or a listing on a computer screen.
==What that PAPER or LISTING represents, though, is

• a claim of ownership of an entity like a public company,
• or contractual rights to future payments from an entity

Financial assets derive their value from a contractual claim on an Underlying Asset.
Also, Value reflects factors of SUPPLY AND DEMAND in the marketplace in which they trade, as well as the degree of risk they carry.

Examples of Financial Assets

• Cash, Fleeting - Stocks or Shares , 3. Resources/Finance/Bonds,
• Mutual Funds, and Bank Deposits

Created: 2023-09-17 Tags: #fleeting Link: Financial Asset Definition and Liquid vs. Illiquid Types (investopedia.com)