1. In general, any financial security such as a bond, stock, check, etc. Money market securities (such as a Treasury Bill, U.S. government bonds, or commercial paper) and capital market securities (such as a mortgage, Certificate of Deposit, or long-term bonds) are also referred to as instruments.
2. A document containing some legal right or obligation. Examples include notes, agreements, and contracts.
3. Any tool that can be used in order to implement economic policy. For example, the government may use interest rates as an instrument for implementing monetary policy, and taxes as an instrument for implementing fiscal policy.
Related information about instrument:
- Instrument
Instrument is a web design, strategy and development firm in Portland, Oregon. We break formulas. We craft experiences. We imagine then we develop.
- Musical instrument - Wikipedia, the free encyclopedia
A musical instrument is a device created or adapted for the purpose of making musical sounds. In principle, any object that produces sound can serve as a ...
- Instrument - Wikipedia, the free encyclopedia
Instrument may refer to: Instrument (film), a documentary of the band Fugazi, directed by Jem Cohen; Instruments (application), a performance visualizer ...
- instrument - definition of instrument by the Free Online Dictionary ...
A means by which something is done; an agency. 2. One used by another to accomplish a purpose; a dupe. 3. An implement used to facilitate work.
- instrument - Wiktionary
instrument (plural instruments) ... The instrument detected an increase in radioactivity. ... with a thermometer but wished he had a more accurate instrument." ...
- Instrument | Define Instrument at Dictionary.com
a mechanical tool or implement, especially one used for delicate or precision work: surgical instruments. 2. a contrivance or apparatus for producing musical ...
- Instrument - Merriam-Webster Online
a device used to produce music; also : a singing voice. 2. a : a means whereby something is achieved, performed, or furthered. b : one used by another as a ...
- Instrument (2003) - IMDb
Directed by Jem Cohen. With Brendan Canty, Joe Lally, Ian MacKaye, Guy Picciotto.