Money, bonds, cars, houses list ranks assets from most to least liquid.
A resource that has some economic worth to a business and can be used now or in the future to provide income is known as an asset. Any good or resource that helps an individual, a government, or a business produce cash flow, cut costs, or give future economic advantages is considered an asset.
Assets have economic value and can improve corporate operations, boost a company's value, or increase a person's net worth. Personal assets are those that belong to an individual, whereas business assets are those that belong to a corporation or firm. An asset may be tangible or intangible.
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