Accounts Receivable Clerk Question:

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Tell me what Are Derivatives?

Accounts Receivable Clerk Interview Question
Accounts Receivable Clerk Interview Question

Answer:

Derivative instrument is an asset which derives ie, takes its origin from another asset.

The simplest form of derivative is a forward contract, "It is an agreement to buy or sell an asset at a certain future time for a certain price"Other forms of of derivatives include futures,options and swaps, etc.

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