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Puttable Instrument

A financial instrument that confers on the holder the right, without an obligation, to return (put back) the instrument to...

Hybrid Financial Instrument

A financial instrument that is embedded with certain types of derivatives (embedded derivatives). The instrument plays host to the embedded...

Security

An instrument that is secured by an ownership stake (equity), debt obligation (note, bond, etc.), or contractual right (like options...

Financial Instrument

Any contract or contractual agreement that gives rise to a financial asset (cash, an equity instrument issued by another entity,...

Acceptance

A promise to pay which is established when the drawee of a time draft (bill of exchange) adds the word "accepted" along...