{"id":878,"count":7,"description":"\r\n\r\nJump to: \r\n<a href=\"#question1\">What is an asset?<\/a>\r\n<a href=\"#question2\">What types of assets are there?<\/a>\r\n<a href=\"#question3\">What are liquid vs. illiquid assets?<\/a>\r\n<a href=\"#question4\">What are current assets?<\/a>\r\n<a href=\"#question5\">What are fixed assets?<\/a>\r\n<a href=\"#question6\">What are financial assets?<\/a>\r\n<a href=\"#question7\">What are intangible assets?<\/a>\r\n\r\nWhat is an asset?\r\n\r\nAssets are resources with economic value that are owned or controlled with the purpose of generating benefits.\r\nExamples:\r\n- cash or cash equivalents (such as bonds, certificates of deposit, treasury bills, checking accounts, saving accounts)\r\n- real property (land and\/or buildings\/structures)\r\n- personal property (anything owned that is not real property)\r\n- investments (annuities, mutual funds, insurance policies)\r\n\r\n\r\n\r\n\r\n\r\nWhat types of assets are there?\r\n\r\nThe various types of assets can be categorized as liquid and illiquid, based on the possibility of turning the asset into cash or they can be categorized by their nature, such as: current, fixed, financial, intangible, etc.\r\n\r\n\r\n\r\n\r\n\r\nWhat are liquid vs. illiquid assets?\r\n\r\nLiquidity refers to immediate availability\/usability\u2013cash is considered the most liquid asset, while other assets are liquid if they can be converted to cash immediately and with little effort.\r\nExamples: deposits that have passed the maturity date, shares of stock, bonds, commodities.\r\nTherefore, illiquid assets are those that take longer to sell, either for their high value or for any restrictions that may apply specifically to their sale. An asset may also become illiquid due to deterioration.\r\nExamples: collectibles like art, stamps and coins may take longer to sell, as collectible markets tend to be small and very specific. \r\n\r\n\r\n\r\n\r\n\r\n\r\nWhat are current assets?\r\n\r\nCurrent assets are short-term resources, which are expected to be converted into cash within 12 months. Examples: cash equivalents, inventory, prepaid expenses.\r\n\r\n\r\n\r\nWhat are fixed assets?\r\n\r\n\r\nFixed assets are long-term resources, which generate returns over time. These assets are subject to depreciation, an adjustment for aging of the fixed assets, which does not necessarily mean that the asset loses earning power. Examples: equipment, buildings.\r\n\r\n\r\n\r\n\r\nWhat are financial assets?\r\n\r\nFinancial assets are investments made in the assets held by other entities. Examples: stocks, corporate bonds.\r\n\r\n\r\n\r\n\r\nWhat are intangible assets?\r\n\r\n\r\nIntangible assets are economic resources like trademarks, patents, copyright. They can generate returns, but have no physical presence. \r\n\r\n\r\n\r\n\r\nYou might also be interested in:\r\n\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-contract\/\">What are real estate contracts?<\/a>\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-square-feet\/\">What are square feet?<\/a>\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-triple-net-lease\/\">What are the benefits of a triple net lease?<\/a>\r\n\r\n\r\n\r\n\r\n\r\n\r\nSearch other terms\r\n\r\n\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/sitemap#A\">A<\/a>\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/sitemap#B\">B<\/a>\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/sitemap#C\">C<\/a>\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/sitemap#D\">D<\/a>\r\n\r\n\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/sitemap#E\">E<\/a>\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/sitemap#F\">F<\/a>\r\n<a 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href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-progression-regression\/\">Progression\/Regression<\/a>\r\n\r\n\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-acquisition\/\">Acquisition <\/a>\r\n\r\n\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-annuity\/\">Annuity <\/a>\r\n\r\n\r\n<a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-asset\/\">Asset <\/a>\r\n  \r\n  \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-fiduciary\/\">Fiduciary <\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-inflation\/\">Inflation <\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-contingency\/\">Contingency <\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-escrow\/\">Escrow<\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-power-of-attorney\/\">Power of attorney <\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-real-estate-agent\/\">Real Estate Agent <\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-eminent-domain\/\">Eminent Domain <\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-liability\/\">Liability <\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-statute-of-limitations\/\">Statute of Limitations<\/a>\r\n\r\n    \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-valid\/\">Valid <\/a>\r\n\r\n \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-variance\/\">Variance<\/a>\r\n\r\n \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-contiguous\/\">Contiguous <\/a>\r\n\r\n \r\n  <a href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-deficit\/\">Deficit<\/a>\r\n\r\n\r\n\r\n\r\n","link":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-asset\/","name":"Asset","slug":"cre-term-asset","taxonomy":"post_tag","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is an Asset? - Commercial Real Estate Dictionary<\/title>\n<meta name=\"description\" content=\"Assets are resources with economic value that are owned or controlled with the purpose of generating benefits. 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