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New Member
posted Jun 5, 2019 11:55:39 AM

Is a house part of financial asset?

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1 Replies
Level 7
Jun 5, 2019 11:55:41 AM

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