Before learning the examples of financial assets, you should know the
meaning of financial assets. Financial asset is not physical asset. It
is the part of intangible assets. These assets comes into contractual
claims. Following are its Main Example.
1. Contracted Value of Used Copyrighted Material
For example, A user of any youtube channel has used B person's
copyrighted material. B person has complained YouTube. As per youtube
policy, you can not upload copyrighted material in this website. So, you
as A user has to do contract with B. You can send email and ask for
retract his claim. For this, you may agree to pay him $ 30. If you have
paid him $ 30 through your Paypal account and B retract his claim. Your
youtube channel will reactive. So, this $ 30 which B have received
through contract. So, this contractual value of used his copyrighted
material will be the financial asset of B.
If you have bought shares or mutual funds, you will not get any physical asset. All will be digital. So, this digital asset's value will be your financial asset.
3. Your Bank Balance
Now, your all bank balance is digital. Whether you are India or you are in Canada, you can withdraw it fastly. So, this is your financial asset.
4. Contractual Right to Receive Cash from Digital Asset
If you went to court and court has ordered for your favor. On this basis, if you have the right to get cash from any of your digital asset or software, this will be your financial asset.
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