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annaritagi
New Member

Is a house part of financial asset?

 
1 Reply
Marketstar
Level 7

Is a house part of financial asset?

No, a financial asset is a non-physical asset whose value is derived from a contractual claim, such as bank deposits, bonds, and stocks

Financial assets are usually more liquid than other tangible assets, such as commodities or real estate.

https://en.wikipedia.org/wiki/Financial_asset

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