Financial instrument

From ACT Wiki
Revision as of 14:19, 23 October 2012 by Administrator (Talk | contribs) (CSV import)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

A security or other contract giving the holder of the financial instrument a claim on another party.

IAS 32 defines a financial instrument as any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.

See also