An asset is any possession that has economic value and can be converted to cash. They are of different tangible and intangible types such as:
• House and other real estate property
• Jewellery and bullion
• Cash and bank deposits
• Shares, Bonds, debentures and mutual funds.
• Retirement funds – Employee Provident Fund (EPF), Public Provident Fund (PPF), National Pension Scheme (NPS), National Saving Scheme, etc.
• Copyrights, Patents, Trademarks
Asset
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