A category of personal property defined by Article 9 of the Uniform Commercial Code. Instruments are notes, checks, drafts, securities (such as stocks and bonds), and any other written evidence of rights to the payment of money that, in the ordinary course of business, is transferred by delivery with any necessary endorsements or assignments.
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Financial securities, such as money market instruments or capital market instruments. Bloomberg Financial Dictionary
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The products falling within the scope of the ISD. Similar to the 1986 Act definition of investments except that commodity derivatives are not instruments, whilst they are investments. Dresdner Kleinwort Wasserstein financial glossary
Financial and business terms. 2012.