Introduction
Financial instrument can be defined as any form of contract leading to a financial asset rise on one entity and a subsequent financial liability on another entity or an equity instrument. Financial assets means things like cash, other entities equity instruments, contractual rights to obtain cash or other form of financial asset of other entities, and rights for exchanging financial assets or liabilities with favorable conditions for the entity. On the other hand, financial liabilities involve things like contractual obligation to send cash or other financial assets to other entities, and under the obligation for exchanging financial assets under unfavorable terms ...
