Financial instrument
Term · Law · MLC-T-LAW-002127
A monetary contract between parties that can be traded, created, or modified. These instruments represent a legal agreement to pay or receive money, or to exchange assets, at some future date. Examples include stocks, bonds, options, and futures contracts, which derive their value from an underlying asset or a contractual right.
| Identifier | MLC-T-LAW-002127 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002127",
"term": "Financial instrument",
"field": "Law",
"definition": "A monetary contract between parties that can be traded, created, or modified. These instruments represent a legal agreement to pay or receive money, or to exchange assets, at some future date. Examples include stocks, bonds, options, and futures contracts, which derive their value from an underlying asset or a contractual right.",
"url": "https://mlchart.com/terminology/law/financial-instrument/"
}
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