Financial Assets

someone who inherits the ownership of a financial asset if the purchaser dies

• stockbroker

• beneficiary

• equities

• financial asset

stocks that represent ownership shares in corporations

• stockbroker

• beneficiary

• equities

• financial asset

Which of the following is considered an asset?

• credit card debt

• savings

• car payoff

• student loan

What is a financial asset that represents a loan made by an investor to a borrower?

• A) Stock

• B) Bond

• C) Equity

• D) Real Estate

Which financial asset is typically used as a medium of exchange in an economy?

• A) Currency

• B) Bond

• C) Stock

• D) Real Estate

What type of financial asset is a share in the ownership of a company?

• A) Bond

• B) Stock

• C) Currency

• D) Real Estate

Which of the following is a financial asset that derives its value from an underlying asset?

• A) Derivative

• B) Stock

• C) Bond

• D) Currency

What is the term for a financial asset that can be easily converted into cash without losing value?

• A) Illiquid Asset

• B) Liquid Asset

• C) Fixed Asset

• D) Tangible Asset

Which financial asset is considered a safe haven during economic uncertainty?

• A) Gold

• B) Stock

• C) Bond

• D) Real Estate

What is the primary purpose of a financial asset?

• A) To provide utility

• B) To generate income

• C) To consume resources

• D) To depreciate in value