Financial assets are intangible assets. for financial assets the typical benefit or value is a claim to future cash. This book deals with the various types of financial assets, the markets where they are traded , and principles for valuing them. the entity that has agreed to make future cash payments is called the issuer of financial asset, the owner of financial asset is referred to as the investors. Here are seven examples of financial assets.
1) A loan by a city bank to an individual to purchase a car.
2) A bond issued by the U.S department of Treasury.
3) A bond issued by General Motors.
4) A bond issued by city of New york.
5) A bond issued by the government of Japan.
6) A share of common stock issued by IBM.
7) A share of common stock issued by a Honda Motor Company.
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