See Market prices. Factors of production. Factors employed in the production of goods and services. Financial assets or liabilities. The gold, currency and other claims on other parties owned by an economic agent.
Financial liabilities are the counterparts of financial assets.
They are claims made on an economic agent. Enterprises that act as intermediaries between individuals or firms who wish to lend and those who wish to borrow. These institutions include commercial banks, savings banks, building societies, finance companies, investment trusts and factoring companies, etc which are engaged in incurring liabilities and acquiring financial assets. A record of all sources of funds and uses of funds of the various institutional sectors of an economy during a period of time. It can be used for analysing the interrelationship between the supply of credit and economic activity, and the effects of changes in interest rates on borrowing and holdings of financial assets.