Question

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What is nominal assets ¿
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Answer 1

Answer:

A nominal asset is an IOU to deliver a stream of money. For example, a bond or a share of stock. Nominal assets are not real assets. If you are confused, one clue would be to try to weigh the asset. Nominal assets typically exist in electronic or paper form......

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Answer 2

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A nominal asset is an IOU to deliver a stream of money. For example, a bond or a share of stock. Nominal assets are not real assets. If you are confused, one clue would be to try to weigh the asset. Nominal assets typically exist in electronic or paper form.