Definition
Financial assets are stores of value that represent benefits or a series of benefits that accrue to the economic owner by holding or using the assets over a period of time. They are a means of transferring stores of value from one accounting period to another.
Further information
Financial assets can be:
- cash
- a contractual right to receive cash or another financial instrument from another entity
- a contractual right to exchange financial instruments with another entity under potentially favorable conditions
- an equity instrument of another entity
Related concepts
References
- Handbook on Securities Statistics
- European System of Accounts 2010. Interactive version.
- System of National Accounts
Update date: May 2025
