![Economics 101: Financial Assets](https://i0.wp.com/sterlingterrell.net/wp-content/uploads/2018/08/1-5.jpg?fit=1024%2C615&ssl=1)
[This is part of the series: The Complete Guide To Economics 101.]
What are Financial Assets?
Financial Assets are assets like cash, stocks, and bonds that give the owner a contractual claim on a financial liability.
For example:
Stock ownership gives the owner ownership rights in a company.
Bond ownership gives the owner rights to future payments.