Financial Instrument: A financial instrument is a physical or electronic document that has intrinsic monetary value or transfers value. For example, cash is a financial instrument, as is a check. Listed and unlisted securities, loans, insurance policies, interests in a partnership, and precious metals are also financial instruments. A contractual obligation is also a financial instrument as is a deed that records home ownership.

 

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Financial Instrument: A financial instrument is a physical or electronic document that has intrinsic monetary value or transfers value. For example, cash is a financial instrument, as is a check. Listed and unlis . . . View Full Definition

Housing Financial Discrimination Act Of 1977 (Holden Act): The Act prohibits financial institutions (banks, savings & loans, or other financial institutions, including mortgage loan brokers, mortgage bankers and public agencies) from engaging in dis . . . View Full Definition

Horizontal Analysis Of Financial Statements: A technique for analyzing the percentage change in individual income statement or balance sheet items from one year to the next.

General-Purpose Financial Statements: The financial reports intended for use by a variety of external groups: they include the balance sheet, the income statement, and the statement of cash flows.