Paper Asset
A paper asset can mean one of two things. In accounting and management, a “paper asset” is something that has value to a company and may appear on financial statements but is extremely hard to convert into cash (like “goodwill”). In Investments, a paper asset is an asset that exists on paper but is impossible to convert into a physical item. A stock certificate or a bond is considered a paper asset – it represents something real that has value but cannot be converted directly into what it represents.
Related Lesson
