paper asset An asset that is not readily usable or convertible to cash. paper dealer A dealer who buys commercial paper, and resells it at a lower interest rate, in order to realize a profit.
These types of asset classes, paper assets, do not allow the investor control. Then during market crashes, all most can do is watch helplessly as their wealth gets whipped out along with their financial security.
Financial assets are paper assets as opposed to real assets (buildings, machinery, etc.).
Inverse Stagflation and the Global Economy: When Real Assets and Paper Assets Part Company
by Renée Haugerud ...
FINANCIAL CAPITAL: A legal claim to or ownership of a physical asset. Common financial assets are stocks, bonds, money, and government securities. These are also termed paper assets.
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(Note that the economist's sense of the term is somewhat narrower than the general population's use of the term, in that the economist would exclude the purchase of purely financial paper assets like bonds or shares of stock from coverage by the ...
 See also: Smith, Financial risk, Real assets, Acquisitions, Mergers
  
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