Instrument

1.

A generic term for securities and risk management contracts ranging from debt to negotiable deposits and bonds and including derivatives.

Normally used to describe financial arrangements with short-term maturities.

2.

A tool used by government in achieving its macroeconomic targets, for example interest rates.

3.

Abbreviation for financial instrument.

See also

• Debt instrument
• Derivative products
• Financial instrument
• Interest rate
• Macroeconomics
• Money market instrument
• Negotiable instrument
• Security
• Short term