1_Quiz on Financial Instruments

A financial asset that can be a substitute for money.

It is a written, dated, and signed draft that directs a bank to pay a specific sum of money to the bearer.

A financial instrument that represents a contractual debt of the party issuing it.

A financial instrument that signifies a share in the ownership of a company.

A type of bond not supported by any collateral or security as assurance in times of non-payment or default.