According to researchers, there are more amounts of nerve connections between our hands and our brain than any other part of the body making it the most revealing and visible area of our body when trying to read body language. These are some of the many popular hand gestures:
Available for sale is an accounting term used to classify financial assets. AFS is one of the three general classifications, along with held for trading and held to maturity, under U.S. Generally Accepted Accounting Principles, specifically FAS 115. The IFRS also includes a fourth classification: loans and receivables.
Before we discuss different types of financial assets, let's make sure we understand what we mean when we say financial asset. To qualify as a financial asset, three important conditions must be met. It must be: Something you can own ; Something of monetary value ; That monetary value is derived from a contractual claim ; That last condition may be hard to grasp, but it'll be clear in a few minutes. So, financial assets are different than physical assets, like land or gold. With land and gold, you can touch and feel the actual physical asset, but with financial assets, you can only touch and feel something (usually a piece of paper) that represents the asset of value. The three financial assets we will discuss in this lesson are money, stocks and bonds. Money. Money is an official medium of exchange consisting of cash and coin defined by a government.