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).
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).