A financial asset that is a claim on the residual value of a corporation, after the claims of all creditors have been met. It incorporates listed shares, unlisted shares and other equity.
In a financial account and foreign direct investment context cross-border investment in real estate are also included.
The definition of the concept is consistent with Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union and Balance of Payments and International Investment Position Manual (6th edition) of the International Monetary Fund.