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English definition of “financial asset”

financial asset

noun [C, usually plural]
 
 
ACCOUNTING, FINANCE
an asset such as money, shares, bonds, etc. rather than a physical asset such as property or machinery: In accounting, the three basic categories of financial assets are cash, marketable securities, and receivables. →  Compare tangible asset , intangible asset , non-financial asset
(Definition of financial asset from the Cambridge Business English Dictionary © Cambridge University Press)
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