financial asset UK US 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(Cf. ↑tangible asset), INTANGIBLE ASSET(Cf. ↑intangible asset), NON-FINANCIAL ASSET(Cf. ↑non-financial asset)
Financial and business terms. 2012.