Asset Classes

Financial Asset

Definition

What is Financial Asset?

A contractual claim on cash flows or ownership rather than a physical object.

Example in practice

Shares, bonds, bank deposits, and fund units are financial assets.

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Anything with economic value that can be owned or controlled.

A group of investments with similar economic characteristics and market behaviour.

Money available immediately for spending, settlement, or investment.

A share that usually carries voting rights and a residual claim on a company's profits and assets.

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