A physical asset, such as furniture or a car, is called a(n) ________.

Name: A physical asset, such as furniture or a car, is called a(n) ________.
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A tangible asset is a physical asset that can be touched or felt, such as furniture or a car. Financial assets are intangible assets, such as stocks or bonds. Investment is a broader term that can refer to any asset purchased with the intention of generating a return. Liability refers to a debt or obligation that the individual or company owes.

A Physical Asset, Such as Furniture or a Car, Is