Which of the following is considered a financial asset?

A financial asset is defined as something that holds value and can be owned or traded, which typically includes cash, stocks, bonds, and other instruments that can be used to generate income or appreciated in value over time. A credit card is considered a financial asset because it represents a line of credit, allowing the cardholder access to funds, which can be used for purchases or cash withdrawals.

While a credit score, loan term, and credit report are related to financial standings and the assessment of financial activities, they do not represent a tangible asset that can be bought, sold, or used as a form of currency. Instead, they serve as tools to evaluate creditworthiness and borrowing options, but they lack inherent value or ownership characteristics associated with financial assets.