financial asset

Definition

A non-physical asset, such as a security, certificate, or bank balance. opposite of non-financial asset.

Use financial asset in a sentence

Any account or financial instrument which represents wealth, whether it gains or loses value over time, is a financial asset.

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You need to make sure that you know how to quickly get rid of any financial asset you have in case you need some quick liquidity.

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Your financial asset will need to be determined after your passing so it can be allocated to all the the individuals listed in your will.

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