Instrument

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Revision as of 12:03, 6 November 2021 by imported>Doug Williamson (Add definition. Source: Oxford Dictionary of Law - 9th Edition.)
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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 shorter-term maturities.


2.

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


3.

Abbreviation for financial instrument.


4.

Any formal legal document.


See also