can be used in a number of different ways. is also used by people to make investments.

a place where firms and individuals enter into contracts to sell or buy a specific product such as a stock, bond, or futures contract.

owned by two or more people

business owned and operated by one person

what are the 8 PROPERTIES OF FINANCIAL ASSETS

Some financial assets act as a medium of exchange or in settlement of transactions.

Relates to the minimum size at which a financial asset can be liquidated and exchange for money.

Refers to the cost of investing in a financial asset and then getting out of it and back into cash again. (Roundtrip cost)

Is the length of the interval until the date when the instrument is scheduled to make its first payment, or the owner is entitled to demand liquidation

Serves an important and widely used function, although no uniformly accepted definition of liquidity is presently available.