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Understanding Financial Assets by Angelie Lape is a document available to read on EtoBox.
What is Understanding Financial Assets about?
A financial asset is an asset that derives its value from a contractual claim rather than having physical value itself. Common types of financial assets include cash, stocks, bonds, and bank deposits. Financial assets are more liquid than physical assets like real estate and can be traded on financial markets. A financial asset gets its value from the contractual rights it represents and fluctuates in value, especially for stocks, until it is converted to cash.
- Author
- Angelie Lape
- Language
- EN