Share This Article:

Economic Definition of physical asset. Defined.

Offline Version: PDF

Term physical asset Definition: A productive resource, capital, property, or satisfaction-generating good. Also termed real asset. This should be contrasted with financial assets that are legal claims on physical assets.

 

« phenomenon | physical capital »

Permalink: http://glossary.econguru.com/economic-term/physical+asset

Alphabetical Reference to Over 2,000 Economic Terms