Definition: Financial asset
External debt - IMF
Financial assets are stores of value, over which ownership rights are enforced and from which their owners may derive economic benefits—such as property income and/or holding gains and losses—by holding them over a period of time. Most financial assets differ from other assets in the system of national accounts in that they have counterpart liabilities on the part of another institutional unit.
International Monetary Fund (IMF), "External Debt Statistics: Guide for Compilers and Users; Appendix III. Glossary of External Debt Terms", Washington D.C., 2003