wat is the meaning of financial assets
3 Replies
Faiz Ahmed
( Article Trainee)
(1731 Points)
Replied 12 August 2010
Financial Assets are those ASSETS where the maturity value/claim depends upon some contract. E.g.- Debentures, Bank FD, Shares etc..
CA Manikandan Raghunath
( )
(609 Points)
Replied 12 August 2010
Financial Assets means an asset that derives value because of a contractual claim. Stocks, bonds, bank deposits, and the like are all examples of financial assets.
* Krishna *
(CA Student)
(6149 Points)
Replied 12 August 2010
An asset that derives value because of a contractual claim. Stocks, bonds, bank deposits, and the like are all examples of financial assets.
Unlike land and property--which are tangible, physical assets--financial assets do not necessarily have physical worth.
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