What is Asset?

An asset is an economic resource that can be owned or controlled to return a profit or a future benefit.

An asset is anything you own that you expect to make or save you money in the future.

It can be owned by an individual or an organization. In other words, an asset represents the value of ownership that can be converted into cash.

In trading, the term asset relates to what is being exchanged on markets, such as stocks, bonds, currencies, or commodities.

These assets are referred to as “financial assets“.