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Definition of âfinancial instrumentâ - English Dictionary. See all translations. uk â us â FINANCE, MONEY. âº a financial asset that can be bought or sold, such as a bond, share, or other security (= an investment that can be traded): There is a simple relationship between the price of a financial instrument and its yield.
Instrument. A formal or legal written document; a document in writing, such as a deed, lease, bond, contract, or will. A writing that serves as evidence of an individual's right to collect money, such as a check. instrument. n. 1) a written legal document such as a contract, lease, deed, will or bond. 2) an object used to perform some task or action, ranging from a surgeon's scalpel to any hard thing used in an assault (a blunt instrument). instrument