Asset Class

1 minuteread by Gary Huddleston

Asset Class — any type of financial transaction that can be converted into a standardized, quantifiable, negotiable asset. The use of derivatives has given rise to the creation of several significant asset classes, such as mortgage-backed securities. Insurance-linked securities also represent a new asset class. Stocks and bonds are the best-known asset classes.

1 minuteread by Gary Huddleston

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