About this document
Understanding Financial Instruments by rajivkumarrai is a document available to read on EtoBox.
A financial instrument is cash, evidence of ownership of an entity, or a contractual right to receive or deliver cash or another financial instrument. Financial instruments can be categorized as cash instruments, which derive value directly from markets, or derivative instruments, which derive value from underlying assets. They can also be categorized as equity-based, reflecting ownership, or debt-based, reflecting a loan. Foreign exchange instruments are a separate category. Common financial instruments in
- Author
- rajivkumarrai
- Language
- EN