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What is an Asset?
As defined in Regulation 1(2) of the Regulated Covered Bonds 2008 regulations, an asset is any property, right, entitlement or interest.
Assets are often referred to as resources or items of value that are owned by a firm.
Some examples of typical assets might include:
- Cash and equivalents (e.g. treasury bills, certificates of deposit)
- Accounts receivable,
- Inventory & Equipment
- Investments (e.g. annuities, bonds, mutual funds, stocks and other investments)
- Land & property,