What type of assets are characterized as "investment property"?

Investment property specifically refers to assets that are held for investment purposes rather than for immediate use or consumption in business operations. Securities and related investment interests are key examples of investment property because they are financial instruments that can provide potential returns and appreciation over time. This category includes stocks, bonds, mutual funds, and interests in limited partnerships, which are all considered investment property under the Uniform Commercial Code (UCC).

The other options represent different categories of assets. Cash and cash equivalents are liquid assets used for immediate needs rather than for investment purposes. Real estate holdings can be investment property if they are not used in business operations but typically may be classified differently depending on their use. Equipment and machinery are classified as tangible assets used in the production of goods and services and are therefore not considered investment property. The clear definition of investment property as encompassing securities and related financial interests helps distinguish it from other types of assets.