Financial instrument and Payor: Difference between pages

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imported>Administrator
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imported>John Grout
(To give alternative spelling payer of payor)
 
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A security or other contract giving the holder of the financial instrument a claim on another party.
The party that issues a cheque. Sometimes spelt 'payer'.


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 ==
== See also ==
* [[Equity instrument]]
* [[Cheque]] (US: check)
* [[Financial asset]]
* [[Payments and payment systems]]
* [[Financial liability]]
* [[Financial markets]]
* [[IAS 32]]
* [[Security]]
 

Revision as of 17:38, 31 October 2017

The party that issues a cheque. Sometimes spelt 'payer'.


See also

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