A Financial Asset is an intangible asset whose value is derived from a contractual claim to future economic benefits. Unlike Physical Assets, it does not have intrinsic physical worth but represents ownership, like Bonds, shares, or bank deposits.
A Financial Asset is an intangible asset whose value is derived from a contractual claim to future economic benefits. Unlike Physical Assets, it does not have intrinsic physical worth but represents ownership, like Bonds, shares, or bank deposits.