An asset which derives its value because of a contractual claim is

Name: An asset which derives its value because of a contractual claim is
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Financial assets derive their value from a contractual claim, such as bank deposits, stocks, bonds, and derivatives. Non-financial assets are physical or tangible assets, like real estate or equipment. Fictitious assets are not real assets but accounting entries, and fixed assets are long-term tangible assets used in business operations.

An Asset Which Derives Its Value Because of a Contractual