3 ms·

Bond -> Financial Security -> Financial Asset -> "non-physical asset whose value is derived from a contractual claim". More details at: https://en.wikipedia.org

Bond -> Financial Security -> Financial Asset -> "non-physical asset whose value is derived from a contractual claim". More details at: https://en.wikipedia.org/wiki/Financial_asset https://en.wikipedia.org/wiki/Financial_asset

raxxorrax 7y ago
Theoretically... If I lend you 5 bucks, I don't really see it as an asset. I believe to call it what it is becomes even more important if we talk about asset bubbles...
- kortilla 7y ago
  It’s debt owed to you. It can be sold off. It’s definitely an asset.
  - raxxorrax 7y ago
    Maybe, but certainly there is a distinction between that and me keeping the 5 bucks?
    - nopenotthatway 7y ago
      Risk and return and depreciation.
      - raxxorrax 7y ago
        True, but then it makes no sense to group them. Because one kind of asset can form bubbles much more likely and frequently.
        kortilla 7y ago
        You still group them. All assets have risk, return, and (possible) depreciation.