Examlex
Which of the following is true of the poorest countries of the world?
Equity Instrument
Any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities.
Derivative Instrument
A financial contract whose value is derived from the value of an underlying asset, index, or rate.
Liabilities
Financial obligations of a business, including money owed to creditors or suppliers.
Financial Instrument
Any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
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