Sentences with phrase «art as a financial asset»
«Maybe it is a fantastic collection, but the museum is a public trust: nonprofit, tax exempt and government supported,» said Noah Kupferman, a former specialist at Sotheby's who teaches a course called Fine Art as a Financial Asset at New York University.
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Your financial assets include the cash in your checking and savings accounts, certificates of deposit, life insurance cash value, retirement accounts, the value of your home and real estate investments, stocks, bonds, mutual funds, treasury bills, silver and gold bullion, and even personal property such as cars, jewelry, art, and collectibles.
She also identified a Board of Trustees with the responsibility of ensuring that her artworks, collection of works by other artists, archives and papers, copyright, and financial assets would be properly stewarded as an artist - endowed foundation, with a broad mission to support the arts in a manner to be determined by the Foundation.
However, perceiving an entire art collection as a disposable financial asset and then dismantling that collection wholesale to cover other university expenses is deeply troubling for all college and university collections.
This new liquidity might facilitate scale and reduce volatility, thus establishing cryptocurrency financial infrastructure as «asset - class worthy» and cryptocurrency itself as «just another asset class» such as equities, bonds and art.