financial asset

What is financial asset?

financial asset definition and meaning on Finance terms:
Any asset that is (i) cash; or (ii) a contractual right to receive cash or another financial instrument from another enterprise; or (iii) a contractual right to exchange financial instruments with another enterprise under conditions that are potentially favourable; or (iv) an equity instrument of another enterprise. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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