en.m.wikipedia.org
Non-financial asset
A non-financial asset is an asset that cannot be traded on the financial markets and whose value is derived by its physical net worth rather than from a contractual claim, as opposed to a financial asset (e.g., stock, bonds). Non-financial assets may be tangible (also known as real assets, e.g., land, buildings, equipment, and vehicles) but also intangible (e.g., patents, intellectual property, data).[1][2]
Non-financial assets can be further divided into produced assets (fixed assets, inventories, and valuables) and non-produced assets (natural resources, contracts, leases and licenses, and goodwill and marketing assets).[3][4]
Non-financial assets can be transformed into financial assets through securitization; the non-financing asset thus becomes an underlying asset.
References
  1. ^ "The national accounts in 2015". Insee.fr - Institut national de la statistique et des ├ętudes ├ęconomiques.
  2. ^ https://stats.oecd.org/glossary/detail.asp?ID=1804
  3. ^ "Glossary:Non-financial non-produced assets". Eurostat.
  4. ^ Harrison, Anne (8 February 2006). "Classification and terminology of non-financial assets" (PDF). Advisory Expert Group on National Accounts.
This finance-related article is a stub. You can help Wikipedia by expanding it.
Last edited on 20 April 2021, at 16:31
Content is available under CC BY-SA 3.0 unless otherwise noted.
Privacy policy
Terms of Use
Desktop
HomeRandomNearbyLog inSettingsDonateAbout WikipediaDisclaimers
LanguageWatchEdit