The most significant political processes around the world today.
- Anna K.
- English
- MARKETS NEWS
- Hits: 1995
A financial asset is a liquid asset that gains its value from a contractual right or an ownership claim. Cash, stocks, bonds, mutual funds as well as bank deposits are the examples of financial assets.
Financial distress is a condition in which a company or an individual is not able to generate profit due to their inability to pay their financial obligations.