Chapter 3 Financial InstrumentsEnglish in Finance3.1What Is a Financial InstrumentTypes of financial instrumentsAsset classesInternational Accounting Standards(IAS)defines financial instruments as any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.Financial instrumentsDerivativeInstruments（衍生工具）Cash instruments（现金工具）The values and characteristics of derivative instruments are based on the vehicles underlying components
