Divisibility: this refers to the size in which the asset can be purchased. Financial assets are more divisible than physical assets
Liquidity: this refers to the ability to convert an asset into cash without experiencing significant reduction in the value of the asset. Liquidity depends on the size and the efficiency of the market
Standardization: financial asset processes are fairy complex in nature but are standardized. Standardization means the processes are fairly streamlined
Information inter-mediation: it is imperative for the issuers of financial assets to provide key information prior to the issuance of the assets
Dana05 answered the question on July 15, 2019 at 15:00
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