32.9k views
5 votes
What is the term that refers to a form of wealth that can be stored for the future?

1 Answer

1 vote

Answer: The correct answer is asset.

Explanation: An asset is a form of wealth that can be stored for the future. Assets can occur in any number of forms, but the trait that they all have in common is that they can be converted to cash. Assets may be in the form of cash, equipment, property, vehicles, or anything else that has value.

User Hoof
by
8.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.