A claim on the property or income of the borrower is called a financial asset.
A financial asset is a highly liquid form of asset where the value of such asset is calculated from a contractual right as such or a claim over the ownership of a property. Real estate does not fall under this purview.
Hence, option C states about financial asset.
Learn more about financial asset here:
https://brainly.com/question/15071910
#SPJ2