financial instrument
Definition
Document (such as a check, draft, bond, share, bill of exchange, futures or options contract) that has a monetary value or evidences a legally enforceable (binding) agreement between two or more parties regarding a right to payment of money. See also debt instrument, equity instrument, and financing instrument.
financial instrument is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
financial instrument appears in the definitions of the following terms:
delivery date,
medium of exchange,
credit risk equivalent,
money market instruments,
London Interbank Offered Rate (LIBOR),
hedge fund,
derivative security,
par value,
paper,
strip
and
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