Monday, October 19, 2009
Financial Assets - Finance Terminology 101 Continued
A financial asset is different from a real asset in that it is representative. Stocks and bonds are the main kinds of financial assets. A financial asset is basically a piece of paper or legal document - giving the document's owner the right to claim income in the future.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
I look forward to reading your comments or questions and will get back to you as quickly as possible.