Answer to Question #154516 in Management for Prabhdeep

Question #154516

various financial instruments available for allocating of bank funds


1
Expert's answer
2021-01-15T08:01:07-0500

A financial instrument refers to a contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity

Various financial instruments available for allocating of bank funds include common items such as cash, bank balances, debtors, creditors and bank loans, as well as more complex items such as derivatives and asset-backed securities.


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